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Mizuho notes that "Portugal syndicates its.....>

EGBS
EGBS: Mizuho notes that "Portugal syndicates its new long 15Y today. The IGCP
have EUR14bn to cover by year-end, of which around EUR6bn will probably be
covered by auctions. We would expect, given the conducive market conditions,
that today they go for at least EUR4bn, with the likelihood that they skew
higher, perhaps EUR5bn or more."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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