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Portugal Sells 2 Billion Euros of Treasury Bills

Portugal Sells 2 Billion Euros of Treasury Bills in Auctions
A Portuguese national flag flies above the parliament building in Lisbon. Photographer: Mario Proenca/Bloomberg

Portuguese government debt agency IGCP said it sold 1.2 billion euros of 18-month bills due in May 2014.

The debt agency also sold 500 million euros of six-month bills due in May 2013 and 300 million euros of three-month bills due in February 2013.

The debt agency on Nov. 15 said that the total indicative amount for today’s auctions was between 1.75 billion euros and 2 billion euros.

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