IGCP announces two public debt auctions worth up to 1.25 billion euros

On May 14th at 10:30 am, IGCP will hold two auctions of Treasury Bonds maturing on July 16th, 2032 and February 15th, 2045, with an overall indicative amount between 1,000 million euros and 1,250 million.

The agency that manages public debt has thus scheduled two Treasury Bond auctions for next Wednesday with maturities of seven (maturity in 2032) and 20 years (2045).

The return to the markets comes after the IGCP launched a new OT line with a maturity of 2040 last week, inaugurating this line with an issuance of three billion euros in bonds. The Portuguese Republic mandated six banks for a syndicated sale of debt and on April 30 managed to raise three billion euros in new 15-year debt, with an interest rate of 3.375%, IGCP announced at the time in a statement.

At the beginning of April, the agency that manages public debt went to the market with an issue of treasury bonds for a total amount of 1,047 million euros, of which 461 million corresponded to 5-year bonds with a demand of 2.26 and 586 million to 12-year bonds with a demand of 2.01. In the 5-year issue, the interest rate was set at 2.347% while in the 12-year issue it was 3.416%.