Portugal gets a 17 billion demand for ten-year debt, the rate will stand at 2.06%

Page created: Thursday, 11 January 2018 10:15 GMT

IGCP   Portuguese bond  Ten-year debt

Portugal’s premier in the debt market in 2018 highlighted the strong appetite from investors for Portuguese bonds. The syndicated issuance registered purchase order surpassing 17 billion euros, according to Bloomberg. The final rate should stand slightly above 2%. It is still not certain how much IGCP will raise in total, but last year, in a similar operation, it got three billion euros.