ECB Said to Increase Purchases of Portuguese Bonds
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The European Central Bank expanded purchases of Portuguese government bonds, according to two people with knowledge of the transactions.
The central bank returned to the market to buy the securities, said the people, asking not to be identified because the deals are confidential. The ECB bought debt due in five years, one of two people said earlier. A spokesman for the central bank in Frankfurt declined to comment. A spokeswoman declined to comment about the additional purchases.