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The Global Credit

The Global Credit

Brazil

Financial news and explainers relevant to readers in Brazil. Coverage spans credit cards, mortgages, investing, loans, personal finance, money hacks and the macro stories moving local markets. Content here is researched and drafted by our AI pipeline and approved by our editors before publishing.

BRBRLpt-PT

Local benchmark rates

ProviderRate%As of
Banco Central do BrasilSelic target14.39%
B3 / CETIPCDI (interbank deposit rate)14.40%

Rates updated

The Selic target is set by the Banco Central do Brasil's Copom and is refreshed at build time from the Federal Reserve (FRED) mirror of BCB data. The CDI interbank rate tracks the Selic closely and is the benchmark for CDBs and most Brazilian fixed income; confirm current levels with your bank or broker before investing.

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