By Emese Bartha


Portugal sold 4 billion euros ($4.37 billion) in new 10-year government bonds in a syndicated deal on Thursday, one of the lead manager banks said.

Orderbooks for the issue closed in excess of EUR19.4 billion, including EUR1.25 billion interest from the joint lead managers, the same bank said.

The spread on the bond was set at mid-swaps +40 basis points. The bond has a 2.875% coupon, and was priced at 98.898, at a yield of 2.997%, the same bank said.

Joint lead managers are Banco Santander, BNP Paribas, CaixaBI, Citi, Credit Agricole CIB and J.P. Morgan.


Write to Emese Bartha at emese.bartha@wsj.com


(END) Dow Jones Newswires

01-04-24 1044ET