The yield on Portugal 10Y Bond Yield eased to 3.08% on December 2, 2025, marking a 0.03 percentage points decrease from the previous session. Over the past month, the yield has edged up by 0.06 points and is 0.58 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. Portugal 10-Year Government Bond Yield - values, historical data, forecasts and news - updated on December of 2025.

Graph and download economic data for Interest Rates: Long-Term Government Bond Yields: 10-Year: Main (Including Benchmark) for Portugal (IRLTLT01PTQ156N) from Q3 1993 to Q3 2025 about Portugal, long-term, 10-year, bonds, yield, government, interest rate, interest, and rate.

Graph and download economic data for Interest Rates: Long-Term Government Bond Yields: 10-Year: Main (Including Benchmark) for Portugal (IRLTLT01PTM156N) from Jul 1993 to Sep 2025 about Portugal, long-term, 10-year, bonds, yield, government, interest rate, interest, and rate.

View yearly updates and historical trends for Portugal 10-Year Government Bond Interest Rate (DISCONTINUED). Source: Eurostat. Track economic data with YC…

The yield on Portugal 30 Year Bond Yield eased to 3.93% on October 3, 2025, marking a 0.01 percentage points decrease from the previous session. Over the past month, the yield has fallen by 0.13 points, though it remains 0.48 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. This dataset includes a chart with historical data for Portugal 30Y.

Prices for Portugal 5Y including live quotes, historical charts and news. Portugal 5Y was last updated by Trading Economics this December 2 of 2025.

The long-term interest rate on government debt is a key indicator of the economic health of a country. The rate reflects financial market actors' perceptions of the creditworthiness of the government and the health of the domestic economy, with a strong and robust economic outlook allowing governments to borrow for essential investments in their economies, thereby boosting long-term growth.

The Euro and converging interest rates in the early 2000s

In the case of many Eurozone countries, the early 2000s were a time where this virtuous cycle of economic growth reduced the interest rates they paid on government debt to less than 5 percent, a dramatic change from the pre-Euro era of the 1990s. With the outbreak of the Global Financial Crisis and the subsequent deep recession, however, the economies of Greece, Italy, Spain, Portugal, and Ireland were seen to be much weaker than previously assumed by lenders. Interest rates on their debt gradually began to rise during the crisis, before rapidly increasing beginning in 2010, as first Greece and then Ireland and Portugal lost the faith of financial markets.

The Eurozone crisis

This market adjustment was initially triggered due to revelations by the Greek government that the country's budget deficit was much larger than had been previously expected, with investors seeing the country as an unreliable debtor. The crisis, which became known as the Eurozone crisis, spread to Ireland and then Portugal, as lenders cut-off lending to highly indebted Eurozone members with weak fundamentals. During this period there was also intense speculation that due to unsustainable debt loads, some countries would have to leave the Euro currency area, further increasing the interest on their debt. Interest rates on their debt began to come back down after ECB Chief Mario Draghi signaled to markets that the central bank would intervene to keep the states within the currency area in his famous "whatever it takes" speech in Summer 2012.

The return of higher interest rates in the post-COVID era

Since this period of extremely high interest rates on government debt for these member states, the interest they are charged for borrowing has shrunk considerably, as the financial markets were flooded with "cheap money" due to the policy measures of central banks in the aftermath of the financial crisis, such as near-zero policy rates and quantitative easing. As interest rates have risen to combat inflation since 2022, so have the interest rates on government debt in the Eurozone also risen, however, these rises are modest compared to during the Eurozone crisis.

Portugal - Debt sec, asset price-linked, issued by central gov, in all markets at all original maturities denominated in all currencies at nominal value stocks