Portugal Raises €1.25B In T-Bills Sale

Portugal’s Treasury and Government Debt Agency has raised €1.25 billion through a sale of three- and six-month Treasury bills.

Portugal’s Treasury and Government Debt Agency has raised €1.25 billion through a sale of three- and six-month Treasury bills (T-bills), The Wall Street Journal reports. The T-bills were sold in two parts. The three-month T-bills, maturing on December 23, were sold at an average yield of 4.931 percent. The six-month T-bills, maturing on March 23, were sold at an average yield of 5.249 percent.

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