By Emese Bartha
Portugal's debt management agency IGCP plans to issue 14 billion euros ($14.8 billion) to EUR16 billion euros' worth of government bonds in 2017, it said Tuesday.
The bonds will be issued via a mix of syndicated transactions and auctions, through monthly issuance.
The central government's net borrowing need is expected to be around EUR12.4 billion euros in 2017, IGCP said. This includes the pre-funded EUR2.7 billion related to the recapitalization of CGD, it said.
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(END) Dow Jones Newswires
January 10, 2017 07:52 ET (12:52 GMT)
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