The Treasury and Public Debt Management Agency (Agência de Gestão da Tesouraria e da Dívida Pública or IGCP) has launched the new Series 5 Treasury Certificates while suspending subscriptions for the previous Treasury Savings Value Certificates. While these new products offer competitive rates, consumer protection groups note that some bank deposits currently provide better returns for larger savings amounts.
New Treasury Certificates launch as savings options shift
Monday, 6 July 2026AI summary
Context & Explainers
The IGCP (Agência de Gestão da Tesouraria e da Dívida Pública) is the government agency responsible for managing Portugal's public debt and treasury. It oversees the issuance of government bonds and savings products, such as the Treasury Certificates (Certificados de Aforro) mentioned in the context, to finance state operations.
