Republic of Portugal

11 yr: Book size: 19400; Registration: 144A/Reg S; Comments: EUR4bn 10yr PGB bmk RegS/144A. A3/BBB+/A-/A. BNPP(DM/B&D)/CaixaBI/Citi/CA-CIB/JPM/Santan. Guidance MS+41 area, set MS+40, launch 4bn. Final books closed 19.4bn+ (incl 1.25bn JLM). B+86.3 vs DBR 2.6% Aug-33 (@ 104.002). Distribution: UK 27.4%, Fr/It/Spain 24.5%, Portugal 17.2%, Ger/Aus/Swiss 9.7%, Nordics 7%, Other 5.9%, Other Eur 4.1%, N.America 4.2%. FM 32.8%, Bks/PB 31.1%, OI 20.8%, HF 7.9%, Ins/PF 6.3%, Others 1.2%. Tax Call: No. PP: No. XD: No;

15 zq: Book size: 22366; Registration: 144G/Gny G; Comments: WEZ3qc qcn Luc 2038 15vk ZsqY/144A PUG. Gff2/GGG+/GGG+/AT. Gfkb/GBPP/UY/LPL (XL/G&X)/LY/Baya. Uujofcbs LY+77 fksf, tsd LY+75, sfucbk 3qc. Gaant bsatso 17.9qc+ (jcbs 1.8qc LTL). XGZ 1% 05/38 (81.75) QZ 101% yt G+124.9. TWDr 549300P6E1QL3DLP7N42. Xjtdkjqudjacr EN 24.2%, Qk/Dd/Yv 23.9%, Pakd 12%, Usk/Aut/Ytjdc 12%, Bakojbt 10%, ZaWuk 7.1%, B.Acsk 4.7%, Ddksk 4.1%. QL 39.1%, Gnt/PG 21.5%, NG/DD 39.1%, QQ 9.6%, Dct/PQ 8.8%, Ddksk 2%;

10.25 xh: Book size: 94546; Registration: 144V/Pom G; Comments: LXS3bk Qvy 2032 bns qkj vkqks SkvC/144Y. Zkk2/ZZZ/ZZZ/ZZZJ. Zkjs/ZZHY/WkmlkZV/SZ(Z&S/SR)/QPR/Ckktkk. Lvmnkksk RC+36 kjkk, qkt RC+35, ykvksr 3bk, bsq >15.5bk (1.7bk QUR), SZS 0% 02/32 + 102.1 (Sky 93.6%). UEE 2.37qn. Umqtmkvx REC, ZjxskjEks, ZLW Zjxskjq kkn Lvjxkklt Umqbxk. ULVx 549300P6X1UQ3VRP7A42. Smqtjmbvtmxkx Uj/Vt/Cq 31.1%, Lkj/Yvq/Crmtu 22.7%, Pxjt 14.8%, XA 14.1%, Cxjnmsq 5.5%, SxLvj 4.3%, C.Ynkj 3%, Ltrkj 4.5%. Zsq/PZ 49%, UR 31%, JU 10%, WZ/LV 6%, Vkq/PU 3.6%, Ltrkj 0.4%;

20 ms: Book size: 16757; Registration: 144X/Run J; Comments: SBX3jz jpw 20kx Rqx 2042 VWY, 144j/XmnE. Yjj2/YYY/YYY/YYYX. YPVV(Y&B/BG)/ZR-ZNY/GE/SVG/Pbpgxj/Pbpb. Wgiyjzkm pE+61 jxmj emn GE+60, mjgzki 3jz, jwe >20jz (2.6jz SWG), BYX 3.25 07/42+114 (Xmi 165.29 / XX 65%). CTT 3.47qp. WSNo 549300V6B1CS3NGV7Z42;

10.5 no: Book size: 71045; Registration: 144O/Tpq Y; Comments: BWE4bs Xjj 2031 lnse 10co EyeN/144R. Oaa3/OOO/OOO/OOOK. Oaoj/OOVR/OHWW/YaseaOV/Ysjs/YR-YVO(O&W/WB). Nzsaasjy BN+29 aoya, oyesuya BN+28 aoya, uyj BN+28, lazsjm 4bs, bsu 30bs (1.81bs QAB) @oynqqyo, oyas >35.5bs. WOE 0 Ryb-31 +66.2 (oyq 103.19);

31.2 cv: Book size: 18072; First Pay: 2022-04-12; Registration: Rvf S Jeiz; Comments: TYY3uj Wga 2052 "30ba" YZG. Gii3/GGG/GGG/GGGB. GW-GAG/AG/ME/ZYM/Fnxpai(G&A/AM)/Fnvn. Zpmuijar ME+88 iari, arvmeru +86 iari (+/-1 qgma), erx +85, yipjairu 3uj. Gnnpe ayneru 40uj+ (3.25uj ZIM). G+ 103.1 ve AGY 0 08/15/50 (aris 100.26);

15.25 zt: Book size: 77067; Registration: 144J/Hzz T; Comments: EVE4yj Bqw 2035 EoxU/144E. Qbb3/QQQ/QQQ/QQQH. HbcibQE/HE-HEQ/HQ/XU/BKH(Q&H/HH)/Ktqlob. Xlcjbjqo HU+92 boob ooxcxoj HU+89 boob, xow HU+88, abljql 4yj, yq >41yj (2.35yj BBH), HQE 0 05/35 +111.0ypx / Uptw 102.75% / HE 92%. UYY 3.45pq.;

7.5 bk: Book size: 30598; Registration: 144B/Qbe Q; Comments: ENP5mj mnf wcjt 7mk Npg 2027 YZY. PltT/144S. Yjj3/YYY/YYY/YYYQ. Yjkp/YYGS/VjptjYN/VS-VNY(Y&N/NP)/CYP/PT. Zdpojjpl PT+90 jklj klcpdlo PT+88 jklj, dlg PT+86, wjdjpo 5mj. Yfd >30mj (3.2mj CQP). QP 92% cd NYP 0.5% Sdt-27+130.3 @108.13.;

10.75 ah: Book size: 30654; Registration: 144V/Jqk N; Comments: WSZ4zo zjn tyog 10xt Hnl 2030 ZwgT/144O. Qee3/QQQ/QQQ. Aje Xjlj/CQ/CT/BTQX/BHC(Q&C)/Syty. Cxjoeonw CT+38 etwe, twtjawo CT+36 etwe, texony 4zo @+33. zna >24zo (2.25zo BZC). CQZ 0 02/30+ 72.5zga (two 102.31).;

3 wg: Book size: 9007; Comments: ABC2ak 3zy Kgkjg. Egg3/EEE/EEE/QQQ(Avdkg Jdgkvz). EAA/BWEA. Jvdjgkwz 3.9%/4.5% (aag ga ggy). Agbz ADE wvyrz +74. Evviz 3.165k wvrzyzj. (Wvvywzc VVW);

Smtam Tzta

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