The IGCP announced that it will hold two auctions of Treasury Bonds (BT) on Wednesday, approximately ten and 14 years old, with an overall indicative amount of up to 1,500 million euros.
In a statement released today, the IGCP – Treasury and Public Debt Management Agency indicated that the maturities of the OT to be auctioned are on June 13, 2036 (ten years and two months) and on June 15, 2040 (14 years and two months).
The global indicative amount of these two OT auctions, which will be held on April 8th at 10:30 am, is between 1,250 million euros and 1,500 million euros.
On March 11, the IGCP placed 1,410 million euros, below the maximum indicative value, in Treasury Bonds of around eight and nine years at interest rates of 3.009% and 3.175%, respectively.
On February 11, it had placed R$1,381 million, above the maximum indicative value, in OT of around three and 10 years at interest rates of 2.178% and 3.142%, respectively.
The Treasury and Public Debt Management Agency issued R$8.3 billion in OT until March, which represents 35% of the annual issuance target.
According to the update, for the 2nd quarter of 2026, of the Financing Program of the Portuguese Republic, the amount of the State’s net financing needs in the year 2026 should remain at around 13 billion euros.
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