Portuguese Treasury to issue another billion in long-term debt
The Portuguese Treasury and Debt Management Agency (IGCP) will issue between €750 million and €1 billion in six and ten-year maturities.
Portugal will return to the markets this week. The Portuguese Treasury and Debt Management Agency (IGCP) announced on Friday that it is going to auction two Treasury bonds lines on June 9, next Wednesday.
“On the 9th of June at 10:30 a.m. (11:30 a.m. CET) IGCP, E.P.E. is going to auction the Portuguese Government Bonds maturing on October 2027 (OT 0.7% 15Oct2027) and on October 2031 (OT 0.3% 17Oct2031) with an indicative global range amount of €750 million to €1,000 million,” IGCP said in a statement.
These two auctions to be held by the agency have a maturity of six years (2027) and ten years (2031), with a global indicative value between €750 million and €1 billion.
The last time that IGCP went to the markets to issue ten-year bonds was on May 12, with a global indicative value of between €1 billion and €1.3 billion.
