Data from the Banco de Portugal shows that in September 2026, savers subscribed to over 26 million euros per day in savings certificates (Certificados de Aforro). The total volume reached a historic high of 45.3 billion euros, continuing a growth trend that began in September 2024.
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The Lisbon Court of Appeal ruled that the statute of limitations for heirs to claim deceased relatives' Savings Certificates (Certificados de Aforro) does not automatically start on the date of death. Instead, the court determined that the clock only begins once the heirs become aware of the existence of these assets.
The government predicts that the 3-month Euribor, the indexer for Series F Savings Certificates, will remain above the 2.5% cap throughout 2027. Consequently, investors holding these certificates will continue to earn the current maximum base rate of 2.5% during that period.
The interest rate for Savings Certificates (Certificados de Aforro) will remain at 2.5% throughout November. This is the third consecutive month the rate has hit this maximum cap, driven by the increase in the three-month Euribor index used to calculate the return.