(Updates with details)
LISBON, Jan 8 (Reuters) - Portugal's IGCP debt agency said on Monday that the government's net borrowing requirement in 2018 is around 10.9 billion euros and that it plans on gross issuance of 15 billion euros worth of bonds.
It said bond issuance will be carried out through regular auctions as in previous years, to be held on the second, fourth or fifth Wednesday of every month. It will also sell new bonds via syndication through banks.
IGCP said it will carry out debt buybacks in order to reduce "excessive concentration of redemptions over time".
Treasury bill auctions will continue to be held on the third Wednesday of every month, and on the first Wednesday if there is sufficient demand.
In the first quarter IGCP will hold T-bill auctions on Jan. 17, Feb. 21 and March 21. A total of up to 4.5 billion euros of bills will be issued in the quarter, IGCP said.
Portuguese bonds put in one of the strongest performances in the euro zone last year as the country's economy grew rapidly and it regained investment grade status from rating agencies after several years being classed as junk.
(Reporting By Axel Bugge; Editing by Catherine Evans)
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