Tuesday Portugal has borrowed 3.5 billion euros of debt to ten years and 2 billion euros at thirty, when two shows have attracted strong demand, told AFP from the agency of debt.
The operation conducted through a syndicate of banks registered a demand of about EUR 6 billion for securities to thirty years, is it clear to the Public Credit Management Institute (IGCP).
The demand reached about 8 billion euros for the bonds to ten years.
The amounts are placed above expectations Commerzbank analysts, who had forecast a program of about one billion euros on the line thirty and between 2.5 and 3 billion loan to ten years.
Rates fixed interest when these investments were not disclosed immediately.
The last borrowing thirty years of Portugal, which was released in May of its assistance plan was in March 2006. The Portuguese Treasury had then placed 3 billion euros of bonds at the rate of 4.13%.
In November, Portugal had borrowed 1.2 billion euros in debt securities ten years at the rate of 3.1766%, below the last comparable transaction in June.
Portugal hopes to take advantage of the historically low level of ten-year bond, which evolved Tuesday around 2.6% .
The operation was conducted through a syndicate of banks consisting of BBVA, CaixaBi, Citi, Credit Agricole, Danske Bank, Morgan Stanley and Nomura.
A loan Syndicated can limit risk by funding directly from some banks selected in advance, which can then keep or sell the debt securities.
Portugal plans to raise this year between 12 and 14 billion euros through bond issues in the medium and long term.
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