The new Treasury Certificates Series 5 began commercialization on July 6th, issued by the Public Debt Management Agency (IGCP) and targeted at families. This new series replaces the Treasury Savings Certificates Value (CTPV) and offers an average rate of 2.71% with guaranteed capital.
With a 10-year term and the possibility of redemption from the first year onwards, the Treasury Certificates Series 5 feature increasing fixed interest rates. Subscriptions can be made starting from 1,000 euros, through the AforroNet portal, CTT, Espaços Cidadão, and other participating financial institutions.
The Ministry of Finance highlighted that this product enhances the State's savings offerings, complementing the variable-rate Savings Certificates Series F. However, analyses suggest that the average net annualized return after taxes for investments between 1,000 and 48,732 euros may fall below the 2% inflation target.
