Portugal Issues EUR4 Billion in New 10-Year Government Bond -- Update
04 January 2024 - 3:59PM
Dow Jones News
By Emese Bartha
Portugal sold 4 billion euros ($4.37 billion) in new 10-year
government bonds in a syndicated deal on Thursday, one of the lead
manager banks said.
Orderbooks for the issue closed in excess of EUR19.4 billion,
including EUR1.25 billion interest from the joint lead managers,
the same bank said.
The spread on the bond was set at mid-swaps +40 basis points.
The bond has a 2.875% coupon, and was priced at 98.898, at a yield
of 2.997%, the same bank said.
Joint lead managers are Banco Santander, BNP Paribas, CaixaBI,
Citi, Credit Agricole CIB and J.P. Morgan.
Write to Emese Bartha at emese.bartha@wsj.com
(END) Dow Jones Newswires
January 04, 2024 10:44 ET (15:44 GMT)
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