The interest on inflation-linked public bonds exceeded 6.5% in 2023, in the accumulated rate for 12 months. One year ago, they were 5.65%.
The data are from Tesouro Direto and can be accessed on this panel.
In practice, it is more expensive for the public sector to finance itself and more attractive to investors who want to be better remunerated.
The Treasury increases the rates to compensate for the risks to the Brazilian economy.
The high profitability of the bonds is associated with President Luiz Inácio Lula da Silva's (PT) speech.
On Thursday (Feb. 2 . . .
To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed? Login Here