- 2020 bonds avg yield 5.312. 2016 bonds avg yield 4.371
- 2020 bonds bid to cover ratio 1.8
- 2016 bonds bid to cover ratio 2.1
Portugal auction’s indicative offer was 750-1.25 bln euros total for 2016, 2020 bond maturities.
I’m not a bond auction expert, but can’t see too much remiss there. Anyone thinks different feel free to pipe up.
