Bonds and Gilts

State-owned bank Caixa Geral de Depósitos (CGD) is the first bank in Portugal to issue a sustainable bond. The bank led by Paulo Macedo aims to make €500 million and the finance attracted by the [...]

The Portuguese Government via its debt and treasury management agency IGCP has launched new Value Savings Treasury Certificates or CTPVs. The general public can subscribe to them as of today [...]

The European Central Bank’s decision to reduce the rate at which it buys sovereign bonds or public debt from EU member states could put upward pressure on the cost for Portugal to finance its [...]

Portugal’s treasury and debt agency has cancelled bond auctions which are used raise money to meet the state’s financing needs because it won’t need it thanks to the EU bazooka. Treasury [...]

The European Central Bank’s decision to buy up increasing quantities of Portuguese sovereign bonds has resulted in the ECB now holding 46% of Portugal’s public debt. According to calculations [...]

Benfica has managed to meet its financial needs by raising the €35 million it needed from a bond issue aimed at small savers, many of them club members and fans. It sold 1,887 bonds despite the [...]

Portugal has purchased $1.1Bn of treasury bonds issued in US dollars in 2014 which were due to mature in 2024 and were in ‘circulation’ on the market. According to the Portuguese treasury and [...]

Portugal’s treasury and public debt agency issued €1.25Bn of government bonds for auction on 21 April. It returned to the market again on Wednesday with two bundles of treasury notes with three [...]

Portugal’s public debt rose €1.2Bn in March to €275.3Bn to a new debt to GDP ratio record of 137.1% in the first quarter of 2021. This was according to statistics released by the Bank of Portugal [...]

Portugal went to the international money markets again this week and managed to sell sovereign bonds at three and 11 month at a record negative interest rate. It obtained the lowest ever interest [...]