Interest rates on Portuguese debt over 10 years are already among the five lowest in the euro zone. At the opening of this Friday’s session, after the presentation of the State Budget proposal for 2025, the interest on Portuguese Treasury Bonds in this reference period is 2.742%, below those recorded for Austria (2.744%) and Belgium (2.847%). The group with the lowest interest rates is currently made up of Germany (whose debt cost in 10 years serves as a reference), the Netherlands, Ireland, Finland and Portugal.
With the current level of interest and risk premium demanded by investors, Portuguese debt is already part of the ‘center’ group of the euro zone, with the spread below 50 basis points (half a percentage point). The risk premium on Portuguese debt (the difference compared to the interest on German debt that is demanded by investors) is currently 49.5 basis points, less than half a percentage point.
