Government bond auction · Portugal

Portugal 2052 OT Auction

The Portugal 2052 OT Auction is a sale of new government debt by Portugal's treasury or debt agency to investors.

Importance
Low
Currency
EUR · euro
Central bank
The European Central Bank (with the Banco de Portugal)

Latest figures

The latest release, published on 14 October 2026, came in at 4.316%, up from 3.78% the time before.

ReleasedForActualConsensusPrevious
14 Oct 2026–4.316%–3.78%

See it in the economic calendar →

Why it matters

Auctions show the demand for a country's debt. A weak auction (low cover ratio, a yield above where the bond traded before the sale, the "tail") can push yields up across the market; a strong one calms them. In times of fiscal stress auctions get close attention.

How it is calculated

Bidders submit the yield (or price) at which they will buy; the debt office allocates from the lowest yield up until the amount is sold. The release reports the average or highest yield and the bid-to-cover ratio.

Bid-to-cover = amount bid ÷ amount sold

What changes mean

  • Bid-to-cover above its recent average and no tail: solid demand.
  • Index-linked and green bonds are smaller auctions with their own investor base.

A short history

Most governments moved from fixed-price syndicates to regular auctions in the 1970s–1990s; the US Treasury has auctioned bills since 1929.

Questions

What is the Portugal 2052 OT Auction?

The Portugal 2052 OT Auction is a sale of new government debt by Portugal's treasury or debt agency to investors.

What was the latest Portugal 2052 OT Auction?

4.316%, published on 14 October 2026.

Educational content only, not investment advice. Figures are the published results as recorded by our calendar; market reactions described are typical, not guaranteed.