Portugal to offer its first bonds in eight months

Source: Bloomberg
Portuguese government plans to take an advantage from the optimism on the European bond market and decrease the borrowing costs considerably, while the country recently returned to the debt market, following Ireland. Analysts say that the country will have no problems in issuing its first debt in eight months. Today, yields for 10-year bonds have already dropped 0.11% to 3.98%.
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Thu, 09 Jan 2014 16:36:03 GMT

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