March 29 (Reuters) - Portugal on Wednesday bought back 340 million euros ($369 million)
worth of bonds maturing in October 2023 and 500 million euros of February 2024 bonds in a
reverse auction aimed at easing its debt redemption schedule.
The state debt agency IGCP said offers to sell outstripped the amount repurchased by 1.6
times on the 2023 bond and by 1.7 times on the 2024 one.
The outstanding amount of the 2023 bond is now 9.36 billion euros and 6.69 billion euros for
the 2024 bond.
($1 = 0.9217 euros)
(Reporting by Joao Manuel Mauricio in Gdansk, edititng by Andrei Khalip)
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