IGCP seeks to acquire decrease curiosity financing in bond auctions maturing in 2030 and 2037.
IGCP is at the moment conducting two auctions of roughly 10-year and 16-year nationwide debt (OT), with an total indicative quantity of between 750 million euros and 1 billion euros.
The maturity date of OT is October 18, 2030 (about 9 and a half years), and the coupon fee is 0.475%. On April 15, 2037 (about 16.5 years), the coupon fee is 4.1%.
Within the final comparable 10-year public sale, on June 9, Portugal positioned 700 million euros in OT at an rate of interest of 0.397%, which was decrease than the 0.505% recorded in an public sale of comparable period on Could 12, when 551 million euros have been positioned. . EUR.
The entire demand is 1.074 billion euros, which is 1.53 instances the allotted quantity.
In the long term, within the final comparable public sale, IGCP invested 699 million euros at an rate of interest of 0.841% on Could 12, and demand reached 1.172 billion euros, which was 1.68 instances the allotted quantity.