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Portugal to Issue Bonds for the First Time in Three Years Next Week

Portugal to Issue Bonds for the First Time in Three Years Next Week

Portugal will issue bonds for the first time in 3 years next week. For the best immigration news, please visit the official WorldWay investment immigration website.

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The Portuguese Debt Management Agency IGCP recently announced that the Portuguese government will auction bonds on April 23, with a target issuance of between 5.0 billion euros and 7.50 billion euros. This will be the first bond auction in three years for the country. The yield on Portuguese bonds is currently at an eight-year low, marking a step towards its return to the financial markets.

 

Since the beginning of 2013, Portugal has successfully issued bonds through syndicate underwriting, and analysts believe that restoring regular bond auctions will be the final step to regaining market access.

 

IGCP stated that the country may conduct one or two bond auctions this quarter.

 

Investment involves risks, the above information is for reference only

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