The Portuguese government managed to meet the maximum amount of a debt auction as it sold 1.5 billion euros of 3-month and 6-month notes. The demand for the 3-motnh bills reached 2.8 times while the yield retreated to 4.068% from 4.346% in the prior auction. On the other hand, the 6-month securities saw a strong demand of 2.6 times and the borrowing cost also slipped to 4.463% from 4.740%.