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Investment in savings certificates rises 16% in September to a new record high
Total investment in savings certificates reached 45.391 billion euros at the end of September, marking the 24th consecutive monthly increase and a 16.3% year-on-year rise according to Bank of Portugal data. Meanwhile, investment in treasury certificates fell to 6.331 billion euros, down 24.3% from the previous year.
Why it matters
If you are looking at safe government-backed savings options in Portugal, savings certificates continue to offer a growing alternative as treasury holdings decline.Diário de NotíciasRead original ↗
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