Portugal

Both major Portuguese political parties are 'committed to continuing debt reduction', says debt management office

Governments may feel they save money with retail issues, but an illiquidity premium looms

Rating agency cites sharp decline in country's debt-to-GDP ratio

Up to two visits to primary market planned each year, but senior unsecured is not on the bank's radar

Investors are showing a hunger for ‘spready’ periphery covered bonds

Investors offered high grade euro mandates from newcomer Epiroc and Portugal's Ren

Five IPOs from the region on top of Puig and Golden Goose expected in the first half of the year

Chinese conglomerate retains 20% stake in Portugal’s largest listed bank

◆ Portuguese lender lands deeply subordinated capital deal far tighter than when it first intended to call old note in November ◆ 'Super strong' market for FIG capital serves a tailwind ◆ 50bp tightening from IPTs

Issuers including Portugal, CEB and BNG braved a short window to get their first deals of 2024 done

◆ Portuguese lender has authorisation to redeem its only AT1 early ◆ Atypical action suggests no replacement deal ◆ Last week's red-hot AT1 reception suggests strong demand reserved for biggest banks

Fitch upgrades Portugal as it achieves budget surplus