Portugal succeeds in raising £1 billion in bond sale

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Portugal succeeds in raising £1 billion in bond sale

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01-12-2011, 11:11 PM

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Portugal succeeds in raising £1 billion in bond sale

Portugal has today raised £1 billion via the sale of bonds, although analysts say this does not mark the end of the country’s problems. Portugal was successful in borrowing €1.25 billion via a bond auction but fears remain that the debt-ridden country may still require an emergency bailout from the EU – something which Prime [...]

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