Bonds and Gilts

Miguel Martins, the executive director of concessionaire Ascendi is to succeed Cristina Casalinho to run Portugal’s debt, treasury and sovereign bond agency IGCP. Martins has left Ascendi – [...]

Portugal went to the markets on Wednesday morning and auctioned €500 million of short term bonds at -0.302% interest in what could be the last auction enjoying negative interest. The treasury and [...]

The interest to be paid on Portuguese sovereign bonds has climbed over 3% for the first time in five years. Portuguese sovereigns are under intense pressure on International markets because [...]

Portugal’s treasury and debt agency IGCP is to auction €0.5Bn in treasury bonds, with a September 2022 maturation date, on 15 June. On 18 May, Portugal auctioned €1.5Bn of treasury bonds, with [...]

Interest rates on Portugal’s sovereign debt has increased to its highest level since September 2017. The increase in interest rates on sovereigns accompanies similar increases bonds across the [...]

Interest rates on Portugal’s 10-year bonds have risen to close to 2% after years at near zero rates. Rates on Tuesday climbed to 1.9% in a session in which in which the bonds of other Euro Zone [...]

The interest rate on Portuguese 10-year sovereign bonds has risen to 1.5% — the highest rate since February 2019. Interest rates on Euro Zone sovereign debt has risen in recent weeks reflecting [...]

Portugal’s public debt as measured by the Maastricht debt criteria which deems that a country’s debt should not exceed 60% of its GDP, rose €2.8Bn to €274.8Bn in February according to data from [...]

Portugal’s finance minister João Leão has reduced the treasury’s ‘airbag’ by €8.1Bn — the amount set aside to cover unpredictable shocks that may impact government spending or borrowing — in [...]

Interest rates on Portuguese 10-year sovereign bonds have increased beyond 1% for the first time since April 2020. It was the seventh consecutive percentage point increase. The yield on 10-year [...]