Portogallo colloca titoli per 1,225 mld euro, tassi in calo

mercoledì 27 ottobre 2010 12:13
 

 LISBON, Oct 27 (Reuters) - Portugal sold 1.225 billion euros
($1.71 billion) in 4- and 8-year bonds on Wednesday, near the
top of the initially indicated offer range, with yields falling
on both maturities. 
 The Portuguese Institute for Public Credit Management (IGCP)
had set the total indicative amount for both bonds at between
750 million euros and 1.25 billion euros. 
 Following are the details of the auctions:  
 
 OCT 2014 3.6 PCT BOND:   
                                       (Previous) 
 Auction date:              27/10/10        22/09/10 
 Maturity                   15/10/14        15/10/14  
 Settlement date:           01/11/10        27/10/10 
 Avg. yield (pct)           4.014           4.695 
 Avg. price (pct)           98.51           96.04 
 Highest yield (pct)        4.045           4.718 
 Lowest yield (pct)         3.986           4.650 
 Tail                       0.031           0.023 
 Total bids                 1.729 bln       1.556 bln 
 Allotment                  611 mln         450 mln 
 Bid-to-cover ratio         2.8             3.5 
 Outstanding after auction  7.119 bln       6.508 bln
 
 JUNE 2018 4.45 PCT BOND: 
                                        (Previous 
                                    similar maturity) 
 Auction date:              27/10/10        14/07/10 
 Maturity                   15/07/18        14/06/19  
 Settlement date:           01/11/10        19/07/10 
 Avg. yield (pct)           5.137           5.304 
 Avg. price (pct)           95.73           96.14 
 Highest yield (pct)        5.159           5.332 
 Lowest yield (pct)         5.084           5.249 
 Tail                       0.022           0.028 
 Total bids                 1.062 bln       1.241 bln 
 Allotment                  614 mln         803 mln 
 Bid-to-cover ratio         1.7             1.5 
 Outstanding after auction  6.887 bln       7.665 bln   
 
 For more information about the auction please click on
IGCP09.