Treasury bonds command all-time minimum yields

By TPN/Lusa, in Business · 10-04-2019 12:19:00 · 0 Comments
Treasury bonds command all-time minimum yields

Portugal on Wednesday auctioned €1 billion in 10- and 18-year treasury bonds with yields at all-time minimums.

According to the Portuguese Treasury and Debt Management Agency (IGCP) page at Bloomberg, the country sold €600 million of bonds maturing on 15 June 2029 (about 10 years) with a yield of 1.143%, a new record low after the yield on 13 March of 1.298%.

Another €400 million in bonds that mature on 15 April 2037 (about 18 years) commanded a yield of 1.896%, lower than the previous auction of a similar maturity when on 13 February this year, almost €300 million were sold at a yield of 2.045%.

The €1 billion collected by the IGCP was the maximum amount it expected to sell.


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