Portugal looks to tame maturity profile with buyback
A partial buyback of Portugal’s 3.35% October 2015 bonds on Tuesday — the second time in a month that the sovereign has sought to reduce the paper’s outstanding volume — could help it print at the longer end of the curve later in the year. The operation comes a day before the sovereign auctions bills and in a week where Spain holds auctions of longer dated debt.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: