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IGCP Cancels Aug 18 Auction

PORTUGAL T-BILL AUCTION PREVIEW

Portugal's IGCP announces it has cancelled the Aug 18 bill auction, and did not cite a reason.

  • IGCP had been set to auction up to E1bln combined of re-opened 3-/ and 11-month bills at the auction.
  • The next auction will be Sep 15 for 6-/12-month bills for up to E1.25bln.

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