Portugal’s Treasury and Government Debt Agency has raised €1.157 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 first tranche of €750 million notes, which will mature on Nov. 18, 2011, were sold at an average yield of 4.989%. The second tranche of €1.25 billion notes, maturing on Feb. 17, 2012, were sold at an average yield of 4.989%.
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