IPCA+ bonds fall and profit in the mark-to-market

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Treasury Direct bond rates are operating mixed this Super Wednesday (18), compared to yesterday’s closing.

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In the first update of the day, at 9:23 am, the rates for IPCA+ Treasury bonds maturing in 2029 , 2035 and 2045 yielded 6.36%, 6.23% and 6.27%, respectively. Compared to the last closing price, the bonds were down, as they closed at 6.39%, 6.28% and 6.30%.

Losses are translated into gains in the mark-to-market, since the measures are inversely proportional.

Meanwhile, yields on the 2027 , 2031 and semi-annual interest- bearing 2035 fixed-rate bonds were at 11.83%, 12.11% and 12.02%, compared with 11.84%, 12.10% and 12.02% previously, respectively.

Today, both the Federal Reserve ( Fed , the central bank of the United States) and the Monetary Policy Committee ( Copom ) of the Central Bank of Brazil release their interest rate decisions.

The Fed’s decision will be announced first, at 3 p.m., with the market expecting a 0.5 percentage point (pp) cut in the Fed Funds, which is the benchmark for interest rates in the US. If the cut is confirmed, the rate will be in the range of 4.75% to 5%.

Meanwhile, yields on the 2027 , 2031 and semi-annual interest- bearing 2035 fixed-rate bonds were at 11.83%, 12.11% and 12.02%, compared with 11.84%, 12.10% and 12.02% previously, respectively.

Today, both the Federal Reserve ( Fed , the central bank of the United States) and the Monetary Policy Committee ( Copom ) of the Central Bank of Brazil release their interest rate decisions.