The Azores, an autonomous region of Portugal established in 1976, is located in the North Atlantic Ocean. The region's government aims to promote sustainable economic development and enhance the quality of life for its residents. Key services offered include tourism promotion, agriculture support, and environmental conservation initiatives.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| AZORES 1.14% 2034-12-04 EURAzores (Autonomous Region Of) | Portugal | 2034-12-04 | 1.141 | 3.72 |
| AZORES 2.16% 2032-04-06 EURAzores (Autonomous Region Of) | Portugal | 2032-04-06 | 2.163 | 3.18 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The Azores commenced its bond issuance in 2013 to fund public infrastructure projects and support regional development. Notably, in 2020, it issued bonds worth €300 million with a 5-year maturity, attracting significant investor interest due to competitive yields compared to mainland Portugal. As of 2023, the region's bonds yield around 1.5%, aligning with industry standards while offering tax benefits, reflecting their sound fiscal management amid growing tourism revenues.