PDMA will sell E500mln of the new 26-week Jan 23,2026 GTB at its auction next Wednesday (Jul 23)....
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Headlines crossing from Bank of Portugal Governor Centeno:
Nothing too surprising from one of the Governing Council's most dovish members. On June 6, Centeno noted that "Monetary policy is in a cycle of reducing rates” ...“all data indicates that cycle will continue in 2025. We don’t know at what pace. It’s meeting by meeting, depending on the data.”
The EU has announced that it will look to sell the following at its auction next Monday (June 23)