Portugal's IGCP Says Net Financing Needs Are Eur 15 Bln In 2026, An Increase Of Eur 2 Bln Vs Q2 Estimate

Portugal's Debt Agency IGCP:

• UPDATES 2026 FUNDING PROGRAM

• IN 2026, NET FINANCING NEEDS ARE EUR 15 BILLION, AN INCREASE OF EUR 2 BILLION IN RELATION TO 2ND QUARTER ESTIMATE

• PORTUGUESE GOVERNMENT BONDS ISSUANCE, EXCLUDING EXCHANGE TRANSACTIONS, IS PROJECTED TO BE EUR 24.0 BILLION IN 2026, UNCHANGED COMPARED TO INITIAL ESTIMATE

• NET ISSUANCE OF TREASURY BILLS WILL DECREASE FROM 2ND QUARTER ESTIMATE OF EUR 5.1 BILLION TO A PROJECTED AMOUNT OF NET ISSUANCE OF EUR 4.2 BILLION IN 2026