Brazilian Treasury bonds

E806345

Brazilian Treasury bonds are government-issued fixed-income securities used to finance Brazil’s public debt and widely held as low-risk investment instruments whose returns are closely tied to the country’s benchmark interest rate.

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Statements (46)

Predicate Object
instanceOf fixed-income security
government bond
areConsidered reference curve for Brazilian interest rates
areSoldThrough Tesouro Direto NERFINISHED
areSoldTo individual investors
institutional investors
backedBy full faith and credit of the Federal Government of Brazil
benchmarkRate SELIC rate NERFINISHED
canBeTradedOn secondary market
country Brazil
creditRisk linked to sovereign credit risk of Brazil
currencyRisk domestic investors have no exchange-rate risk
denominatedIn Brazilian real NERFINISHED
interestPayment periodic coupons
zero-coupon structure
investorAccess online platforms via Tesouro Direto
investorType banks
insurance companies
investment funds
pension funds
retail investors
issuer Federal Government of Brazil NERFINISHED
issuingAuthority Brazilian National Treasury NERFINISHED
legalFramework Brazilian public debt legislation
liquidity high liquidity relative to other Brazilian fixed-income instruments
market Brazilian domestic bond market
maturity long term
medium term
short term
perceivedAs benchmark for Brazilian fixed-income market
purpose finance Brazil’s public debt
regulator Brazilian Securities and Exchange Commission NERFINISHED
Central Bank of Brazil NERFINISHED
returnLinkedTo Brazil’s benchmark interest rate
returnType fixed rate
floating rate
inflation-linked
riskProfile low risk
roleInPortfolio capital preservation
diversification tool
income generation
settlementSystem Brazilian clearing and settlement systems
taxation subject to Brazilian income tax on investment returns
usedAs collateral in financial operations
usedFor monetary policy implementation
public debt management

Referenced by (1)

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SELIC rate referenceFor Brazilian Treasury bonds