Portugal's Growing Covered Bonds Market - The Banker


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Navigating a new world

Traditionally a low-risk area, the European covered bond market is now a much more volatile place. Philip Alexander explains how Portugal fits into the wider European picture.

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Mortgage market weathers storm

Dr Paolo Sousa, Caixa Geral de Depósitos

Although the burden of mortgage interest rates has risen, the Portuguese housing market should remain sound and stable. By Dr Paolo Sousa.

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Covered bonds’ appeal grows

A legal framework incorporating the best international practices of investor protection should pave the way for the success of Portuguese covered bonds.

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Funding tool fits the bill

Filomena Oliveira, Caixa Geral de Depósitos

Filomena Oliveira, the senior general manager of the financial markets department at Caixa Geral de Depósitos, explains the changing role of covered bonds in the bank’s strategy.

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