By Laura Contemori – ROME (Econostream) – Portugal’s Treasury and Public Debt Management Agency (IGCP) sold €1.537 billion of 12-month Treasury bill (BT) on Wednesday.
The bill, maturing May 21, 2027, was issued at a weighted average yield of 2.613% and an average price of 97.426%.
Total bids amounted to €3.202 billion, corresponding to a bid-to-cover ratio of 2.08.
Settlement was scheduled for May 22, 2026.
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Boris Vujčić said on Wednesday that the Iran war and the resulting energy price shock had put the ECB in a difficult position, with upward pressure on prices but a negative impact on growth.
20 May 2026
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Pierre Wunsch said on Wednesday that if the Middle East conflict had not ended by the time the Governing Council meets on June 11, the chances of an interest rate hike would be quite high.
20 May 2026
By Marta Vilar – MADRID (Econostream) – Banque de France governor nominee Emmanuel Moulin said on Wednesday that while the European Central Bank’s mandate is to fight inflation, interest rates should not be set as high as possible but instead be compatible with stable economic growth.
20 May 2026
By Laura Contemori – ROME (Econostream) – The UK Debt Management Office (DMO) announced a £4 billion auction of the 4⅛% Treasury Gilt 2033 to be held on May 27, with settlement scheduled for May 28.
20 May 2026
By Laura Contemori – ROME (Econostream) – Italy’s Ministry of Economy and Finance (MEF) on Wednesday announced the launch of a new five-year inflation-linked government bond called "BTP Italia Sì" to be offered from June 15 to June 19.
20 May 2026
By Laura Contemori – ROME (Econostream) – The German Finance Agency (Finanzagentur) allotted €3.845 billion of Federal bonds (Bunds) on Wednesday at a reopening auction of its 2.90% February 15, 2036 line.
20 May 2026