Tesouro Direto: fixed rate rates exceed 11% awaiting Fomc minutes

Fixed income

Interest rates on inflation bonds also rise at the start of this Monday’s session

Leonardo Guimarães


Nov 20, 2023 10:43 am

Real Banknotes (Marcelo Casal Jr / Agencia Brasil)

Interest rates on Treasury Direct bonds rise this Monday (20), at the beginning of a week marked by the release of the minutes of the last meeting of the Federal Reserve (Fed, US central bank) and an emptied agenda of indicators.

Tomorrow, the Fed will release the minutes of the last Fomc (Federal Open Market Committee) meeting, which should offer clues about the possibility of raising interest rates in 2023, a possibility that has been ruled out by the market in recent weeks.

In Brazil, the Central Bank released the Focus Bulletin, which showed a drop in the estimate for inflation in 2023, from 4.59% to 4.55%. The forecast for inflation in 2024 had a slight decrease from 3.92% to 3.91%. The estimate for 2025 has been at 3.50% for 17 weeks.

For GDP (Gross Domestic Product), this year’s projection fell from 2.89% to 2.85%. The estimates for 2024 (growth of 1.50%), 2025 (1.93%) and 2026 (2%) remained stable.

At Tesouro Direto, fixed-rate interest rates rose in the first update of the day, at 9:24 am, compared to the start of Friday’s session. The 2033 Prefixed Treasury rate rose from 10.98% to 11.03%, while that of the prefixed Treasury due in 2026 increased from 10.19% to 10.23%.

In inflation bonds, the highlight was the real profitability of the Treasury IPCA+ 2045, which rose from 5.68% to 5.75% per year. The IPCA+ 2035 Treasury rate increased from 5.54% to 5.59%, while that of the bond maturing in 2055 rose from 5.70% to 5.76%.

Check the prices and rates of public bonds available for purchase at Tesouro Direto this Monday morning (20):