News Headline Summary

Portugal T-bill Auction Results: Portugal has now completed their 2012 financing program

- Portugal sells EUR 300mln in 3-month T-bills, b/c 5.1, Prev. 8.1 (yield 1.936% vs. Prev. 1.366%)
- Portugal sells EUR 500mln in 6-month T-bills, b/c 4.5, Prev. 2.8 (yield 2.169% vs. Prev. 1.840%)
- Portugal sells EUR 1.20bln in 18-month T-bills, b/c 1.9, Prev. 2.4 (yield 2.990% vs. Prev. 2.970%)

Reaction details:

- No reaction was seen across asset classes as this is regular cash management from the Portuguese treasury, and is the last offering of 2012.

Print 10:48, 21 Nov 2012 - Fixed Income - Source: Newswires