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Portugal: Debt auction sees yields heading deeper into negative territory

Page created: Wednesday, 16 August 2017 14:56 GMT

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Debt

Lisbon, Aug. 16 (Lusa) – Portugal auctioned €1 billion in three- and 11-month treasury bills on Wednesday at average yields that were even more negative than in previous actions.

The Portuguese Treasury and Debt Management Agency (IGCP) web page on Bloomberg said the €750 million in 11.month debt went for an average of -0.291%, less than on 21 June this year, when the rate was -0.264%.

The €250 million in three-month bills went for an average of -0.348%, again, better than on 21 June, when the rate was -0.337%.

JS/ADB // ADB.

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