Lisbon - AFP
Portugal raised 1.250 billion euros ($1.7 billion) with short term bonds on Wednesday, but had to pay an increased rate of 5.2 percent on six-month debt, sources in the debt market said. The debt management agency raised one billion euros with an issue of three-month bonds yielding 4.931 percent, slightly lower than 4.959 percent for a similar issue earlier this month, and raised 250 million euros with six-month bonds at a higher rate of 5.249 percent, up from 4.989 percent in August.