5 things that will mark the day

The INE will release data on house price trends in early 2025, the European Commission will present its proposal for the next long-term budget, and the IGCP (General Market Price Index) will return to the market. Data on Treasury Bond take-up will also be released, and the former RTP news director will be interviewed in Parliament.

How have house prices evolved?

The National Statistics Institute (INE) will release this Wednesday the local housing price statistics for the first quarter of 2025. In 2024, house prices increased by 9.1%, a year in which 156,325 homes were transacted in Portugal, 14.5% more than in 2023.

European Commission presents proposal for post-2027 multiannual budget

The European Commission will present its proposal for the European Union's next long-term budget. The so-called Multiannual Financial Framework covers the period from 2028 to 2034, and Commission President Ursula von der Leyen has promised a comprehensive overhaul of the budget to make it simpler, more efficient, and better aligned with strategic priorities.

Did Treasury bonds attract investors?

Euronext and the Brazilian Treasury and Public Debt Management Agency (IGCP) will release data on demand and the issued amount of the Variable-Yield Treasury Bonds representing the issue (OTRV 2031). Information on the number of orders submitted by investors will also be released. Based on ECO's analysis, Savings Certificates are more attractive than OTRV 2031 in terms of net profitability.

IGCP returns to the market

The Treasury and Public Debt Management Agency (IGCP) returns to the market this Wednesday for an auction of Treasury Bills (BT) at 10:30 am with maturity in July 2026 and an indicative amount of between one billion euros and 1,250 million euros.

Former RTP information director heard in Parliament

Former RTP news director António José Teixeira will be heard in Parliament at the request of the Socialist Party parliamentary group regarding the change in RTP's news directorate. The directorate was dismissed on July 24 by the administration, which announced that journalist Vítor Gonçalves would replace José Teixeira.