Portugal advances with new public auction on Wednesday of up to 750 million euros in debt – Observer
The IGCP – Treasury and Public Debt Management Agency will hold, on Wednesday, an auction of Treasury Bills (BT), with a maturity of one year and an amount of up to 750 million euros.
In a note, released this Friday, the institution said that it will “hold on October 19 at 10:30 am an auction of the BT line with maturity on September 22, 2023, with an indicative between 500 million euros and 750 million euros”. of euros”.
This Wednesday, October 12, the IGCP placed 1,000 million euros, the maximum indicative amount, in three- and nine-year Treasury Bonds (OT), a rate higher than those recorded this year for similar assets.
On October 6, IGCP said it expected OT and two BT auctions in the fourth quarter.
In a statement released with the lines of action for the quarter, IGCP what is OTu5 insurance for 1.00 million euros for 1.00 million euros and that “the auctions will be held on the second or fourth Wednesday of each month after the announcement of the indicative amount and OT lines to rear three business days before the respective auction data”.
Regarding BT protection, in addition to next Wednesday’s auction, IGCP announced the amount of another, scheduled for November 16, where it intends to place a total of between 750 and 1,000 million euros in BT at six and 12 months.