Portugal to Conduct Government Bond Exchange Operation on Wednesday
By Emese Bartha
Portugal's debt agency IGCP will conduct a government bond
exchange operation on Wednesday, it said Tuesday.
In the operation the debt agency will buy 2.20% October 2022-
and 5.65% February 2024-dated bonds, and it will sell 2.125%
October 2028- and 2.25% April 2034-dated bonds, it said.
Bond exchange operations are cash neutral and aim to reduce
redemptions in coming years.
Write to Emese Bartha at firstname.lastname@example.org
(END) Dow Jones Newswires
September 21, 2021 08:47 ET (12:47 GMT)
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