State has €1.8Bn for savings bonds
Portugal’s treasury and public debt agency IGCP is to issue €1.8Bn of savings bonds as part of its programme to raise finance for the State in the third quarter. The State has €1.8Bn of debt [...]
Portugal’s treasury and public debt agency IGCP is to issue €1.8Bn of savings bonds as part of its programme to raise finance for the State in the third quarter. The State has €1.8Bn of debt [...]
The Portuguese postal service and bank CTT made €24 million from savings and treasury bonds this year. Portugal’s private postal and banking service CTT has made over €144 million from the State [...]
The Portuguese Parliament’s Budget and Finance Committee has urgently called the secretary of State of Finances to account for the Government’s decision to end Series E Saving Bonds and introduce [...]
Recent months have seen a rush on the part of the Portuguese public to buy national savings bonds — known as aforros — because hey offered higher interest rates on savings than Portugal’s banks. [...]
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 [...]
Interest on government savings bonds has risen 3.4% according to the Portuguese debt and treasury institute IGCP. These national savings bonds have become more attractive in recent months because [...]
Small investors in Portugal’s national savings bonds certificates are enjoying 3% interest thanks to higher interest rates. Within the space of one year interest on savings bonds has increased [...]