Positive morning for the Lisbon Treasury, which placed 1,16 billion euro of three- and six-month government bonds on the market. Yields, below 5%, remained below the alarm threshold. An encouraging result which, according to various analysts, was determined by yesterday's meeting between Angela Merkel and Nicolas Sarkozy.
Portugal's goal was to reach a collection of 750 million and 1,25 billion euros. In detail, bonds were issued for 172 million in 6 months, with a rate of 4,989% (down from the 4,96% recorded in the auction of 20 July) and 985 million in the three-month one at a rate of 4,854% ( down from 4,967% on 3 August).
