Il Portugal placed 1,5 billion euros in three- and six-month bonds, at the top of the range, with yields unchanged compared to the previous auction. This was communicated by the Portuguese debt agency.
In detail, Portugal placed 432 million euro of six-month bonds and 1,071 billion of three-month bonds. The six-month bonds were assigned with a yield of 5,250% from 5,249% at the auction last September 21st, while the
auction yield on three-month bonds remained unchanged at 4,972%.
Demand exceeded supply by 3,7 times for six-month bonds and 2 times for 4,5-month bonds. In the previous placement, the bid-to-cover for six-month bonds was 2,2 while for three-month bonds it was XNUMX.
