Portugal's IGCP (Inland Revenue Authority for Portugal) has updated its 2026 financing plan: The plan projects Portuguese government bond issuance at €24 billion in 2026, excluding bond swaps, in line with initial estimates. Net financing needs for 2

2026-06-30

Portugal's IGCP (Inland Revenue Authority for Portugal) has updated its 2026 financing plan: The plan projects Portuguese government bond issuance at €24 billion in 2026, excluding bond swaps, in line with initial estimates. Net financing needs for 2026 are projected at €15 billion, an increase of €2 billion from the second-quarter estimate. Net issuance of treasury bills in 2026 is projected at €4.2 billion, lower than the €5.1 billion estimated in the second quarter.