The Finance Minister Mario Centeno, ensures that Portugal has covered financing needs until mid-2017.
“The Portuguese Treasury has a mattress, a financial cushion that covers approximately half of the needs of funding next year, “said Mario Centeno in an interview with TSF given this afternoon Thursday, even before the outcome of the referendum.
It is the” formulation suitable for a country to be prepared for disruption that can happen in the markets and the affect, “he added.
the interest of Portuguese sovereign debt are firing on all maturities. Investors are fleeing mass of risky assets. The Portuguese debt is therefore one of the most penalized, with the rate of ten-year bonds to shoot 47.0 basis points to 3.559%.
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