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Portugal Pulse: Portugal News / Expats Community / Turorial / Listing

IGCP auctions to place up to 1,250 million in debt at 10 and 29 years

A statement issued today by IGCP – Treasury and Public Debt Management Agency clarifies that the mentioned Treasury Bonds are the “OT 0.9% 12Oct2035” (approximately 10 years) and “OT 3.625% 12Jun2054” (approximately 29 years).

In the most recent 10-year Treasury Bond auction on March 12, IGCP placed 563 million euros in “OT 3% 15Jun2035” at an interest rate of 3.381%, with demand reaching 1.119 billion euros, 1.99 times the amount placed.

On February 12, IGCP issued 491 million euros in “OT 1% – 12Apr2052” (approximately 27 years) at an interest rate of 3.433%, with demand of 848 million euros, 1.73 times the amount placed.

No 29-year Treasury Bond auctions have been conducted by IGCP this year.

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