July 24, 2013 / 7:01 AM / 4 years ago

Indicative Portuguese yields briefly fall

LONDON, July 24 (Reuters) - Indiciative prices pointed to lower Portuguese yields at the open after the country’s president approved a reshuffle of the government aimed at ensuring the ruling coalition’s unity after a rift.

Portugal’s president approved on Tuesday the promotion of junior coalition party leader Paulo Portas to deputy prime minister and a wider government reshuffle as proposed by premier Pedro Passos Coelho.

Indicative Portuguese yields fell 9 basis points tO 6.42 percent before trade opened. They were last 1.3 bps lower at 6.50 percent.

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below