Announcements

    Drinks

      Instrument data
      Senority
      Senior Unsecured
      Currency
      EUR
      ISIN
      PTOTEROE0014
      Coupon percent
      3.875%
      Coupon type
      Fixed:Plain Vanilla Fixed Coupon
      Instrument volume
      3,500,000,000
      Maturity date
      15/02/2030
      -
      A- Outlook: Positive
      A- Outlook: Positive
      Latest change
      Outlook/trend
      26/07/2024
      General information
      Rating
      Public
      Unsolicited
      With issuer participation
      UK endorsed
      EU Rated
      Jakob Suwalski Lead analyst
      Alvise Lennkh-Yunus Committee chair
      Scope affirms Portugal’s A- ratings and revises Outlook to Positive

      26/7/2024 Rating announcement EN

      Scope affirms Portugal’s A- ratings and revises Outlook to Positive

      Sustained debt reduction, prudent fiscal policy, and improvements in the external position drive the Outlook revision. Still high public debt and a limited growth potential are credit constraints.

      Scope affirms Portugal’s credit ratings at A- with Stable Outlook

      16/2/2024 Rating announcement EN

      Scope affirms Portugal’s credit ratings at A- with Stable Outlook

      Enhanced macro-economic stability, a strong record of prudent fiscal policy and debt reduction, and a favourable debt structure anchor the ratings. Still high public debt and a limited growth potential are credit constraints.

      Scope upgrades the Portuguese Republic's credit ratings to A-; Outlook revised to Stable

      24/3/2023 Rating announcement EN

      Scope upgrades the Portuguese Republic's credit ratings to A-; Outlook revised to Stable

      Strong fiscal fundamentals and steadily declining debt trajectory drive ratings upgrade; moderate growth potential and a high debt stock pose challenges.

      Scope affirms Portugal’s BBB+ ratings, revises Outlook to Positive from Stable

      13/5/2022 Rating announcement EN

      Scope affirms Portugal’s BBB+ ratings, revises Outlook to Positive from Stable

      Sustained fiscal improvements backed by sound long-term growth prospects drive the outlook revision. An elevated stock of public debt and exposure to global shocks as a small, open economy are challenges.

      Scope upgrades Portugal’s credit rating to BBB+ and revises the Outlook to Stable

      31/1/2020 Rating announcement EN

      Scope upgrades Portugal’s credit rating to BBB+ and revises the Outlook to Stable

      A prudent fiscal policy, sustained public debt reduction, a resilient debt profile and the gradual unwinding of economic imbalances drive the upgrade; a modest growth potential, high external debt and implicit liabilities are constraints.

      Scope affirms Portugal’s credit rating at BBB and revises the Outlook to Positive

      5/4/2019 Rating announcement EN

      Scope affirms Portugal’s credit rating at BBB and revises the Outlook to Positive

      Sustained public debt reduction, a resilient debt profile, and the gradual unwinding of economic imbalances drive the outlook change; high public, private and external debt levels, elevated implicit liabilities and low growth potential are constraints.

      Scope affirms Portugal’s credit rating of BBB with Stable Outlook

      8/6/2018 Rating announcement EN

      Scope affirms Portugal’s credit rating of BBB with Stable Outlook

      The economic recovery, reduction of economic, fiscal and external imbalances and a favourable debt structure support the rating; high public, private and external debt levels, elevated implicit liabilities and low growth potential are constraints.

      Scope confirms and publishes Portugal’s credit rating of BBB, changes Outlook to Stable

      30/6/2017 Rating announcement EN

      Scope confirms and publishes Portugal’s credit rating of BBB, changes Outlook to Stable

      Euro area membership, improving fiscal performance, commitment to structural reforms, and a favourable public-debt profile support the rating; high private and public debt, structural rigidities and challenges in the banking system are constraints.

      Date Title