News Headline Summary

Portuguese T-Bill auction results:

- Portugal sells EUR 300mln in 3-month T-bills, b/c 3.8 vs. Prev. 5.09 (yield 0.667%, Prev. 1.936%)
- Portugal sells EUR 1.2bln in 12-month T-bills, b/c 2.3 vs. Prev. 2.49 (yield 1.609%, Prev. 2.100%)
- Portugal sells EUR 1bln in 18-month T-bills, b/c 2.7 vs. Prev. 1.91 (yield 1.963%, Prev. 2.990%)

Reaction details:

- Portuguese short-end unresponsive after the bidding data was published, 2s yield seen at 3.183%, up 3.1bps last.

Print 10:47, 16 Jan 2013 - Fixed Income - Source: Newswires