Last week, the market remained on alert with the possibility of an announcement regarding the spending package that the economic team and the government are discussing. However, the measure was postponed and should be announced after the G20 Summit, which will take place in the coming days in Rio de Janeiro.
The period also saw some appointments by Donald Trump to consolidate his government, in addition to an appreciation of the dollar, reaching R$5.80 here.
With this in mind, Brazilian interest rate futures closed with a strong opening at all vertices of the curve. Real interest rates rose, with NTN-Bs (Tesouro IPCA+) consolidating at 6.92%, according to the XP Investimentos team. Among Treasury bonds, the stocks closed with a mixed variation during the week. The highlight with the greatest positive variation in the period was LFT 2028 and 2030, with 0.23%, and the greatest negative variation was NTNB 2055, with -1.12%. Meanwhile, in the Brazilian secondary private credit market, the spreads of debentures indexed to the CDI ended the week falling. The IDEX-DI index closed at 1.71%, against 1.75% last week. The premiums on exempt debentures rose, also according to XP. The average daily trading flow was R$806 million in non-incentivized debentures, R$629 million in incentivized debentures, R$183 million in CRIs and R$291 million in CRAs.