Portogallo assegna 760 milioni titoli a 12 mesi, tassi in calo

mercoledì 20 ottobre 2010 12:05
 

 LISBON, Oct 20 (Reuters) - Portugal sold 760 million euros
($1.05 billion) in 12-month t-bills on Wednesday, slightly more
than initially planned, with yields falling from the previous
sale after the government presented an austere 2011 budget bill
last week.
 The indicative offer was 750 million euros in t-bills.  
 Following are the details of the issue carried out by the
Portuguese Institute for Public Credit Management (IGCP)
compared to previous auction of 12-month T-bills:
 
                                            (Previous) 
Auction date:              20/10/10             06/10/10      
Maturity                   21/10/11             23/09/11      
Settlement date:           22/10/10             08/10/10     
Avg. yield (pct)            2.886                3.333
Avg price (pct)            97.165               96.861     
Highest yield (pct)         2.918                3.390      
Lowest yield (pct)          2.850                3.240
Tail                        0.032                0.057     
Total bids                  1.851 bln            1.401 bln    
Allotment                   760 mln              500 mln     
Bid-to-cover ratio          2.4                  2.8    
Outstanding after auction   760 mln              1.410 bln 


 For more information about the auction please click on
IGCP15.