abstract:The Banco de Portugal (English: Bank of Portugal) is the central bank of the Portuguese Republic. Established by a royal charter of 19 November 1846 to act as a commercial bank and issuing bank, it came about as the result of a merger of the Banco de Lisboa and the Companhia de Confiança Nacional, an investment company specialised in the financing of the public debt.
"From a financial point of view, it makes sense for banks to buy back their bonds, " said Andre Rodrigues, an analyst at Portugal's Caixa Bancode Investimento.