General information - Portugal
CBF, CBL and LuxCSD-eligible security types
- Government bonds:
- Bilhetes do Tesouro (BT);
- Fundos de Investimento Publico (FIP);
- Obrigações do Tesouro (OT);
- Obrigações do Tesouro de Rendimento Variável (OTRV);
- Corporate bonds;
- Listed equities;
- Investment funds;
- Warrants.
Eligibility requirements
According to Portuguese Decree-Law 193/2005 and in order to allow the holding of Portuguese debt securities, customers must provide a Portuguese Debt Securities - One-time Declaration of Beneficial Ownership certifying that the final beneficial owners do not fall into the market-specific categories that are not entitled to exemption from Portuguese withholding tax.
Note: Law 83/2013, which removed the restrictions on holdings by or on behalf of non-exempt beneficial owners at the ICSDs, remains applicable only to securities still falling under the previous wording of Decree Law 193/2005.
Depository
Depository | CSD/Local custodian/Agent |
CBF | All T2S eligible assets Interbolsa – Sociedade Gestora de Sistemas de Liquidação e de Sistemas Centralizados de Valores Mobiliários, S.A. Asset Servicing local agent: BNP PARIBAS S.A. |
CBL | All T2S eligible assets CLEARSTREAM BANKING AG Asset Servicing local agent: BNP PARIBAS S.A. Custodian: BNP PARIBAS S.A. |
LuxCSD | All T2S eligible assets: CLEARSTREAM BANKING AG Asset Servicing local agent: BNP PARIBAS S.A. |
CBF Cash correspondent details
Currency: | Euro (EUR) via TARGET2 |
CCB name: | Bundesbank |
CBF account: | RTGS account of a direct TARGET2 participant |
CBL Cash correspondent details
Currency: | Euro (EUR) via TARGET2 |
CCB name: | Banque centrale du Luxembourg |
CBL account: | |
SWIFT address: | TRGTXEPMXXX |
LuxCSD Cash correspondent details
Currency: | Euro (EUR) via TARGET2 |
CCB name: | Banque centrale du Luxembourg |
LuxCSD account: | RTGS account of a direct TARGET2 participant |