Last Wednesday (2), Copom raised the Selic rate to 10.75% per year, or 1.5 percentage points more. As a result, the basic rate returned to double-digit levels not seen since 2017.
Last Wednesday (2), Copom raised the Selic rate to 10.75% per year, or 1.5 percentage points more. As a result, the basic rate returned to double-digit levels not seen since 2017.
In a statement, the directors said that the decision reflects their baseline scenario and an above-normal balance of inflationary risks. With this in mind, check out below which are the best investments to take advantage of the high Selic rates.
Selic at 10.75%: see what are the best investments to take advantage of the rise?
Good opportunities for post-fixed bonds continue in the face of the Selic rate hike. In other words, those that follow the Selic rate variations and those that correlate with the CDI rates. For example, a fixed CDB. In short, if the Selic rate continues to rise, public fixed income could yield 1% per month, while the CDB should increasingly yield bonds with yields between 105% of the CDI and 115% of the CDI.
In addition, the focus is on inflation-linked and income tax-exempt assets, such as accounts receivable certificates, incentive bonds, and real estate credit letters (LCI) and agribusiness letters (LCA). In short, it is possible to find LCAs and LCIs with terms between 2 and 3 years that offer 101% and 102% of the CDI.
While this situation may seem more challenging for publicly traded companies, the stock market remains attractive due to the impact on financial expenses and corporate profits from the increase in the Selic rate. There are even discounted stocks in the commodities space.
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