Portugal starts marketing taps of 10- and 30-year euro bonds

April 29, 2015 7:28 AM

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LONDON, April 29 (IFR) - The Republic of Portugal has started marketing a tap of its 2.875% October 2025 bonds at 160bp area over mid-swaps and a tap of its 4.1% February 2045 bonds at 215bp area over mid-swaps, according to a lead.

The sovereign, rated Ba1/BB/BB+, is currently taking indications of interest and the transaction is expected to be Wednesday's business.

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