Bonds and Gilts

Portugal’s banks have lost a massive €7.6Bn in deposits since the start of the year, closing April with the lowest level of new deposits for a year. According to data from the Bank of Portugal, [...]

Novobanco and Banco Best have been ordered by a court to return €200,000 plus interest to a saver whose investments were swallowed up by the 2014 BES bonds fiasco. The saver had unwittingly [...]

The Portuguese are increasingly ploughing their savings into Portuguese Republic bond certificates which netted €71.5 million a day in the last quarter of 2022, more than doubling the average [...]

The Portuguese Republic has issued treasury bonds worth €750 million through its treasury and public debt management agency IGCP. The short-term bond issues are for three and nine months with [...]

Semapa, the main shareholder of The Navigator Company which produces fine paper and exports it all over the world, has proceeded to issue a bond issue with a 5-year maturity (2022-2027) worth [...]

Portugal’s public debt fell to €273.8Bn in October, down €6.1Bn on September, reflecting the paying down of treasury guilts according to the Bank of Portugal. After a peak of almost €279.9Bn [...]

Interest rates on Portuguese bonds at two, five and 10 year maturities have gone up. Interest on 10 year bonds now stands at 3.002% compared to 2.946% on Thursday. Interest on five year bonds [...]

Capital gains tax on those holding securities between five and eight years will fall from 28% to 22% and will fall to 11% for those who make gains on shares and bonds they have held for more than [...]

Aperture, the assets management company of Generali Investments, is likely to buy fresh bonds issued by Portuguese airline TAP. In an interview with the newspaper Negócios, Simon Thorp, the chef [...]

The Portuguese bank BCP issued €350 million of preferred bonds with a three-year maturity at an interest rate of 8.5%. The amount that had originally been envisaged was €300 million, but the bank [...]