The demand for the auction of “BT22MAI2025” treasury bills, with a maturity of approximately 11 months, reached 2.468 billion euros, which is 2.74 times the amount placed, as indicated by the page of IGCP – Agência de Gestão da Tesouraria e da Dívida Pública on Bloomberg.
In the previous auction of comparable maturity treasury bills on April 16, the IGCP placed 1.250 billion euros in 11-month treasury bills at an average rate of 1.974%.
For today, IGCP had announced an 11-month treasury bill auction with a total indicative amount ranging from 750 million euros to 1 billion euros.
