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Portugal Q2 issuance schedule

EUROZONE ISSUANCE

Portugal has also announced its Q2 issuance schedule, although for bonds has just said that it can hold auctions on the 2nd or 4th Wednesday of the month and has given no updates on planned syndications.

  • The MNI Markets team continues to expect that we could have seen the last auction for the current 10-year OT, and think that there is a good chance we see a new 10-year OT launched via syndication this month.
  • Bills scheduled for the quarter:
    • 21 April: 3/11-month for E1.00-1.25bln
    • 19 May: 6/12-month for E1.50-1.75bln
    • 16 June: 3/11-month for E1.00-1.25bln

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