Securities trading - Portugal

15.12.2017

Key market-tradable securities

Denomination currencyMaturity
profile
Interest
rate
Interest/Dividend
payment frequency
Place of settlementForm
Government bonds
BTs (Bilhetes do Tesouro)
EURUp to 12 months-At maturityInterbolsaDematerialised, bearer
OTs (Obrigacões do Tesouro)
EUR3-10 yearsFixed or floatingSemi-annual, annualInterbolsaDematerialised, bearer
OTRVs (Obrigações do Tesouro de Rendimento Variável)
EUR5-7 yearsFixed or floatingSemi-annualInterbolsaDematerialised, bearer
Corporate bonds
EUR-FloatingSemi-annualInterbolsaImmobilised in CVM
Listed equities
----InterbolsaDematerialised or immobilised in CVM, registered
Warrants
EUR---InterbolsaDematerialised, registered
Other
FIPs (Fundos de Investimento Publico)
EUR7-10 yearsFloatingSemi-annualInterbolsaDematerialised or immobilised in CVM

Trading platforms

  • Government bonds:
    • Euronext (mainly retail transactions);
    • Electronic Platforms (MTS, BrokerTec and eSpeed); and
    • OTC transactions.
  • Corporate bonds:
    • Euronext; and
    • OTC transactions.
  • Listed equities:
    • Euronext.
  • Warrants:
    • Euronext.