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LONDON, April 1 (Reuters) – Portugal saw record demand for its seven-year bond sale on Wednesday, raising 5 billion euros despite high levels of market volatility fueled by coronaviruses, the agency said. State debt IGCP.
Strong demand led to an interest rate of 0.726%, added IGCP.
The bonds, which received € 30 billion in orders from investors, were valued at 86 basis points from the mid-swap level, said IGCP.
Barclays, BBVA, Caixabank, Credit Agricole, JP Morgan and Morgan Stanley were the main managers of the sale. (Report by Yoruk Bahceli in London and Catarina Demony in Lisbon; Editing by Dhara Ranasinghe and Toby Davis)