Portogallo colloca 320 mln titoli a sei mesi, 930 mln titoli 12 mesi

mercoledì 19 marzo 2014 12:18
 

LISBONA, 19 marzo (Reuters) - Portugal sold all 1.25 billion euros ($1.74 billion) of Treasury bills on offer in an auction on Wednesday, with yields on one-year debt hitting their lowest since 2009 as Lisbon prepares to exit an international bailout programme this year. Following are the details of the issue by the Portuguese Institute for Public Credit Management (IGCP) with comparisons to the previous T-bill auctions: 6-MONTH T-BILLS Auction date 19/03/2014 19/06/2013 Maturity 19/09/2014 20/12/2013 Settlement date 21/03/2014 21/06/2013 Avg. yield (pct) 0.438 1.041 Avg. price (pct) 99.779 99.476 Highest yield (pct) 0.440 1.064 Lowest yield (pct) 0.420 0.980 Tail 0.002 0.023 Total bids 1.480 bln 1.122 bln Allotment 320 mln 450 mln Bid-to-cover ratio 4.63 2.5 Outstanding after auction 1.798 bln 450 mln 12-MONTH T-BILLS Auction date 19/03/14 19/02/14 Maturity 20/03/15 20/02/15 Settlement date 21/03/14 21/02/14 Avg. yield (pct) 0.602 0.750 Avg. price (pct) 99.395 99.247 Highest yield (pct) 0.610 0.754 Lowest yield (pct) 0.580 0.730 Tail 0.008 0.004 Total bids 1.56 bln 2.12 bln Allotment 930 mln 1.0 bln Bid-to-cover ratio 1.68 2.12 Outstanding after 1.76 bln 1.0 bln auction For more information about the auction please click on IGCP15 ($1 = 0.7188 euros) (Reporting by Andrei Khalip; Editing by Hugh Lawson)