Portugal Raises €1B In Note Sale

The Treasury and government debt agency of Portugal has raised €1 billion in a bond sale.

The Treasury and government debt agency of Portugal has raised €1 billion in a bond sale, The Wall Street Journal reports. The government bonds, which carry a coupon rate of 5.45%, will mature in September 2013. Separately, the agency bought back a total of €14 million of government bonds maturing in June. The Portuguese debt agency had last sold 5.45% bonds in September, raising €661 million, adds Irish Times.

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