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Portugal auctions €1.63 billion of bonds; yields rise across tenors

Portugal sold about €1.63 billion ($1.9 billion) of four-, eight- and nine-year bonds in an IGCP auction Wednesday, with yields rising versus the previous sales. The nine-year €602 million auction returned a 3.632% allotment yield.

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9 billion) of four-, eight- and nine-year bonds in an auction on Wednesday, according to state debt agency IGCP, with yields higher than in previous sales. 632%.