The Lusitanian debt agency communicated that yields are decreasing: from 4,895% in November to 4,873% at today's auction. The bid-to-cover is also down
Portugal placed three-month bonds for 1 billion euro, against an offer range between 1-1,25 billion, with declining yields. This was announced by the Portuguese debt agency.
To be exact, Lisbon placed i securities with a rate of 4,873% from 4,895% at the November auction. The bid-to-cover decreased to 2,0 from the 2,4 of the previous issue.
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