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2025-12-17 18:40:14
[Portugal Actively Manages Debt, Repatriating Over €1 Billion in Bonds Through Three Reverse Buybacks] ⑴ The Portuguese National Debt Management Authority (IGCP) repurchased €365 million in bonds maturing in July 2026 through reverse buyback operations. ⑵ Simultaneously, it also repurchased €566 million in bonds maturing in April 2027. ⑶ In addition, it repurchased €115 million in bonds maturing in October 2027. ⑷ This move represents the Portuguese government's proactive management of its debt structure, aiming to optimize its debt repayment cash flow in the coming years. ⑸ By repurchasing short- and medium-term bonds, Portugal helps smooth debt maturities and may reduce future refinancing risks and interest expenses.
