Portugal readies bill auction as Fitch welcomes court ruling

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Portugal readies bill auction as Fitch welcomes court ruling

The eurozone periphery enjoyed healthy demand in secondary trading on Tuesday, as Spain tickled the 0% mark in a sale of six month bills and Portugal readied a short term auction for Wednesday. Portugal welcomed more good news on Tuesday, as Fitch Ratings said a ruling by its constitutional court should help the sovereign meet its fiscal targets this year.

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