Portugal has received over 10 bln euros of orders for tap of its 4.35% October 2017 bond.
Portugal’s first capital markets transaction since it was bailed out in 2011.
Spread fixed at mid-swaps plus 395bp.
I’d just like to personally congratulate the good people of Portugal.
Cold sagres and bbq-d sardines for everyone, jelly and icecream for the kids
EUR/USD testing aforementioned sell orders up at 1.3350/60.
