Portugal's public debt agency said Friday the country aims to borrow 11.5 billion euros ($15.4 billion) this year and may tap the long-term bond market for the first time since being bailed out in 2011. "If market conditions and demand for Portuguese public debt continue to register positive developments the Treasury will explore carrying out bond emissions," said the debt management agency. Portugal has been shut out from the medium- and long-term debt markets since getting a 78 billion euro EU-IMF bailout in May 2011, issuing only short-term treasury bills. Under its bailout agreement Portugal is supposed to return to the bond markets this year. In the first quarter Portugal aims to raise between 6.25 and 7.0 billion euros in emissions of bills with maturities ranging from three to 18 months. It will first go the markets on January 16 to try to raise 2.25 to 2.5 billion euros.
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:07 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 17:22 2018 Wednesday ,31 October
Russia climbed to 31st place in Doing Business-2019 ratingGMT 16:53 2018 Wednesday ,17 October
"Putin" We need for collective restoration of Syria's economyGMT 14:02 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 18:26 2018 Saturday ,06 October
Dubai attracts Dh17.7 billion in foreign direct investmentGMT 09:02 2018 Friday ,21 September
Economy of Georgia demonstrates "strong signs of recovery"GMT 09:03 2018 Wednesday ,24 January
German investor confidence surges in JanuaryMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor