🇵🇹 Portugal news, in English, every morning. Free. Subscribe

The Portugal Brief

Sign in Subscribe

Markets

Financial markets, PSI-20 performance, and investment news in Portugal.

Portuguese Households Park a Record €13.4 Billion in New Term Deposits in April — Headline Rate Notches a Third Straight Tick to 1.44% While the Eurozone Average Sits 47 Basis Points Higher at 1.91%

Portuguese Households Park a Record €13.4 Billion in New Term Deposits in April — Headline Rate Notches a Third Straight Tick to 1.44% While the Eurozone Average Sits 47 Basis Points Higher at 1.91%

Portuguese households opened a record €13.398 billion of new term deposits in April. The average rate ticked up 2 basis points to 1.44% in a third straight monthly climb, but still pays 47 bp under the 1.91% eurozone average, BdP data show.