Even yielding little, these CO InstrumentsThey do not attract the savings of the Portuguese. In just one year, small aphorrators applied more than 4.6 billion euros in aforro certificates.
The amount invested in aforro certificates once again broke records. According to Banco de Portugal, in August the Portuguese had applied more than 38 billion euros in this state savings product. It is the highest value since there are records, that is, since 1998.
This is the value higher invested in aforro certificates (CA) Since the beginning of the series in December 1998 and represents a acceleration against the homologous growth of 12.6% in July.
Nominal terms, at the end of August this year plus 4,624 million euros applied in Ca as in the same month of 2024 e more 325 million euros than in July. August was thus the 11th consecutive month of climbing the global value in aforro certificates.
Even yielding little, these CO InstrumentsThey do not attract the savings of the Portuguese. In just one year, small aphorrators applied more than 4.6 billion euros in aforro certificates.
Aforro certificates attract savings
The certificates of aforro suffered a Fall in demand that was registered in June 2023when the series E – with more rates attractive – has been replaced by the F series, with lower interest rates. Now They gain breathtaking again, albeit little encouraging.
Currently, at most, They can yield 2.5% per year, according to Euribor at 3 months. August numbers reveal that they continue to be seen as the better safe alternative to interest rates on other productssuch as time deposits. You Banks are paying on average about 1.5%.
The amount invested in Treasury Certificatesnow in the lowest value since March 2016, It has been consecutively descended since October 2021, when it reached a maximum of 17.865 million euros.
According to the statistical data of new CT emissions It was 10 million euros in July, while the exits (rescues) totaled 170 million euros.
According to the IGCP, you can subscribe certificates of aforro in the counters of the Correios, in the citizen spaces and Banco Big, which is the only Portuguese private bank where they are in commercialization.
