Portugal fears lock banks out of debt markets

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

Portugal fears lock banks out of debt markets

Country risk fears are likely to lock Portuguese banks out of the debt markets in the short term in spite of broadly positive third quarter results and this week’s parliamentary approval of the 2011 budget, said bankers. With Portuguese CDS continuing to widen, economic worries mean that banks would struggle to launch primary deals until conditions improve.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login
Gift this article