Portugal's Treasury agency IGCP updated its 2026 funding plan, forecasting gross bond issuance of €24.0bn excluding switches, unchanged from its preliminary estimate. It raised the 2026 net financing need to €15.0bn, up €2.0bn versus the Q2 estimate,

2026-06-30

Portugal's Treasury agency IGCP updated its 2026 funding plan, forecasting gross bond issuance of €24.0bn excluding switches, unchanged from its preliminary estimate. It raised the 2026 net financing need to €15.0bn, up €2.0bn versus the Q2 estimate, and cut expected 2026 treasury bill net issuance to €4.2bn from the Q2 estimate of €5.1bn.