Portugal issues 1,013 million euros in debt for ten and 14 years. Interest is around 3%
The Treasury and Public Debt Management Agency – IGCP issued two lines of Treasury Bills (BT), one for ten years and the other for 14 years. The interest on the longest line exceeds 3%, while that on the longest line is around 3%.
DR
The agency that manages public debt, led by Miguel Martín, uses economic growth as an argument with investors.
Portugal financed itself with 1,013 million euros in the debt market. The Agency for Treasury and Public Debt Management – IGCP held this Wednesday an auction of two lines of Treasury bills (BT), ten and 14 years.
The value is in line with the indicative amount when the operation was announced, which was between 1,000 million and 1,250 million euros.
In the line that matures in October 2034, it issued 405 million euros, with a yield of 3.075%, with demand being 1.82 times greater than supply.
In the line with maturity in June 2038, he placed 608 million, with an interest of 3.297%. Demand was 1.63 times greater than supply.
In update
Tags: Portugal issues million euros debt ten years Interest Obligations
