Date: Wednesday 06 Apr 2011
Commenting on the results of Wednesday's Portuguese bond auction, analysts at Unicredit have signalled that: "Today, Portugal sold EUR 0.55bn of BT Oct11 and EUR 0.45bn of BT Mar12. The auction went well, drawing strong demand. Cost of funding rose 110bp at the 6M and 160bp at the 12M vs. the...
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