Portugal is selling more bonds
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Portugal raises more money from markets

Portugal has sold another $2.3bn worth of government bonds at auction. It is less than had been expected but is enough to help the country pay back this months maturing debt.

Fears are growing about the country's creditworthiness and Portuguese bonds yields have reached a lifetime high after the government collapse and downgrades by credit rating agencies.

Rob Young reports from Lisbon.

  • 01 Apr 2011