portugalraised rate to borrow 6 month funds
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Portugal : Raised rate to borrow 6 month funds

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Arab Today, arab today Portugal : Raised rate to borrow 6 month funds

Lisbon - AFP

Portugal raised 1.250 billion euros ($1.7 billion) with short term bonds on Wednesday, but had to pay an increased rate of 5.2 percent on six-month debt, sources in the debt market said. The debt management agency raised one billion euros with an issue of three-month bonds yielding 4.931 percent, slightly lower than 4.959 percent for a similar issue earlier this month, and raised 250 million euros with six-month bonds at a higher rate of 5.249 percent, up from 4.989 percent in August.  

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