Nikkei News Portuguese Finance Minister said it would choose the financing from the market

 Portuguese Finance Minister Santos (Fernando Teixeira dos Santos) In an interview with


Portugal has been 4 months and 6 months to maturity bond financing of 2 / 3 of the funds, of which about 70% came from foreign investors. The recent surge in bond yields, Portugal, Santos believes that the long-term interest rates will not always remain at current high levels.

Portugal about 43 billion euros (5.89 billion U.S. dollars) of bonds will expire in April, followed by 6 months of 49 billion euros of bonds redeemed.

Santos had repeatedly said the country needed to raise funds in the market, in response to the media outside assistance for the report is being prepared.

Portugal, January 26 Congress passed the 2011 budget to 2011 budget deficit-GDP ratio from 7.3% in 2010 to 4.6%.

the burden of debt and deficit, Portugal, the cost of financing in the bond market rose sharply, triggering step for the country may suffer the fate of Greece and Ireland to apply for international assistance guess.

(This article Source: FX168)