Fixed Income & Government Bonds
Tesouro Direto & CDI
Official quotes, sovereign rates for Brazilian government bonds, and yield comparator against the CDI.
Updated on: 2026-09-18
National Treasury • Central Bank of Brazil (SGS)
Selic Target (Copom)
13.75%
Set on 04/11/2026CDI Rate
13.65%
Base 252 a.a.Selic Over (Effective)
13.65%
Taxa Over EfetivaIPCA (Last 12M)
4.22%
Inflação AcumuladaHighest Fixed Rate
Tesouro Prefixado 2032
14.19% a.a.
Min. Investment: R$ 30.002032
Highest IPCA+ Rate
Tesouro IPCA+ 2032
IPCA + 7.58%
Min. Investment: R$ 30.832032
Daily Liquidity (Selic)
Tesouro Selic 2027
Selic + 0.01%
Min. Investment: R$ 199.152027
Most Accessible Entry
Tesouro Prefixado 2027
R$ 30.00
13.54% a.a.2027
Fixed Income Simulator: Treasury vs CDI
Compare real net yield accounting for regressive income tax and B3 custody fees.
Tesouro Selic 2027 • Selic + 0.01%
(2.0a)
Selected Treasury
R$ 19.007,86
+R$ 2.507,86 (15.20%)
Gross Value:R$ 19.586
Income Tax (17.5%):-R$ 540
B3 Fee (0.20% p.a.):-R$ 38
Bank CDB (% CDI)
100% CDIR$ 19.025,02
+R$ 2.525,02 (15.30%)
Gross Value:R$ 19.561
Income Tax (17.5%):-R$ 536
FGC Protegido:Até R$ 250k
LCI / LCA (Tax-Free)
88% CDIR$ 19.180,06
+R$ 2.680,06 (16.24%)
Income Tax:Isento (R$ 0)
B3 Fee (0.20% p.a.):R$ 0
FGC Protegido:Até R$ 250k
Traditional Savings
R$ 17.852,27
+R$ 1.352,27 (8.20%)
Rendimento:TR + 0,5% a.m.
Income Tax:Isento
Diferencial Tesouro:+R$ 1.156
Applicable income tax rate: 22.5% (up to 180 days), 20% (up to 360), 17.5% (up to 720), and 15% (over 720 days).
Sovereign Yield Curve
Annual yield offered plotted across bond maturity terms.
Government Bond Prices & Rates
Official values for investment and redemption provided by the Brazilian National Treasury.
| Government Bond | Annual Yield | Min. Investment | Unit Price (PU) | Maturity | Simulate |
|---|---|---|---|---|---|
Tesouro Prefixado 2027 PREFIXADO • 105 dias | 13.54% a.a. | R$ 30,00 | R$ 965,34 | 2027-01-01 | |
Tesouro Prefixado 2027 (Juros Semestrais)Semiannual Coupons PREFIXADO • 105 dias | 13.32% a.a. | R$ 30,00 | R$ 1.013,00 | 2027-01-01 | |
Tesouro Selic 2027 SELIC • 164 dias | Selic + 0.01% | R$ 199,15 | R$ 19.915,15 | 2027-03-01 | |
Tesouro Prefixado 2028 PREFIXADO • 470 dias | 13.60% a.a. | R$ 30,00 | R$ 850,07 | 2028-01-01 | |
Tesouro Selic 2028 SELIC • 530 dias | Selic + 0.02% | R$ 199,11 | R$ 19.911,17 | 2028-03-01 | |
Tesouro Prefixado 2029 PREFIXADO • 836 dias | 13.85% a.a. | R$ 30,00 | R$ 746,11 | 2029-01-01 | |
Tesouro Prefixado 2029 (Juros Semestrais)Semiannual Coupons PREFIXADO • 836 dias | 13.63% a.a. | R$ 30,00 | R$ 957,74 | 2029-01-01 | |
Tesouro Selic 2029 SELIC • 895 dias | Selic + 0.03% | R$ 199,01 | R$ 19.900,69 | 2029-03-01 | |
Tesouro IPCA+ 2029 IPCA • 970 dias | IPCA + 7.37% | R$ 39,29 | R$ 3.928,60 | 2029-05-15 | |
Tesouro IPCA+ 2030 (Juros Semestrais)Semiannual Coupons IPCA • 1427 dias | IPCA + 7.50% | R$ 45,41 | R$ 4.541,32 | 2030-08-15 | |
Tesouro Educa+ 2030 EDUCA • 1549 dias | IPCA + 7.31% | R$ 34,74 | R$ 3.474,08 | 2030-12-15 | |
Tesouro Prefixado 2031 PREFIXADO • 1566 dias | 14.10% a.a. | R$ 30,00 | R$ 571,16 | 2031-01-01 | |
Tesouro IPCA+ 2031 (Juros Semestrais)Semiannual Coupons IPCA • 1566 dias | IPCA + 7.83% | R$ 77,38 | R$ 7.738,39 | 2031-01-01 | |
Tesouro Prefixado 2031 (Juros Semestrais)Semiannual Coupons PREFIXADO • 1566 dias | 14.11% a.a. | R$ 30,00 | R$ 901,70 | 2031-01-01 | |
Tesouro Selic 2031 SELIC • 1625 dias | Selic + 0.07% | R$ 198,52 | R$ 19.851,50 | 2031-03-01 | |
Tesouro Educa+ 2031 EDUCA • 1914 dias | IPCA + 7.38% | R$ 39,11 | R$ 3.911,07 | 2031-12-15 | |
Tesouro Prefixado 2032 PREFIXADO • 1931 dias | 14.19% a.a. | R$ 30,00 | R$ 498,51 | 2032-01-01 | |
Tesouro IPCA+ 2032 (Juros Semestrais)Semiannual Coupons IPCA • 2158 dias | IPCA + 7.55% | R$ 44,36 | R$ 4.436,04 | 2032-08-15 | |
Tesouro IPCA+ 2032 IPCA • 2158 dias | IPCA + 7.58% | R$ 30,83 | R$ 3.083,29 | 2032-08-15 | |
Tesouro Educa+ 2032 EDUCA • 2280 dias | IPCA + 7.48% | R$ 36,32 | R$ 3.631,58 | 2032-12-15 | |
Tesouro Prefixado 2033 (Juros Semestrais)Semiannual Coupons PREFIXADO • 2297 dias | 14.24% a.a. | R$ 30,00 | R$ 859,62 | 2033-01-01 | |
Tesouro Educa+ 2033 EDUCA • 2645 dias | IPCA + 7.52% | R$ 33,75 | R$ 3.374,54 | 2033-12-15 | |
Tesouro Educa+ 2034 EDUCA • 3010 dias | IPCA + 7.55% | R$ 31,34 | R$ 3.134,43 | 2034-12-15 | |
Tesouro Prefixado 2035 (Juros Semestrais)Semiannual Coupons PREFIXADO • 3027 dias | 14.26% a.a. | R$ 30,00 | R$ 830,21 | 2035-01-01 | |
Tesouro IPCA+ 2035 (Juros Semestrais)Semiannual Coupons IPCA • 3161 dias | IPCA + 7.55% | R$ 43,98 | R$ 4.398,19 | 2035-05-15 | |
Tesouro IPCA+ 2035 IPCA • 3161 dias | IPCA + 7.57% | R$ 30,00 | R$ 2.529,18 | 2035-05-15 | |
Tesouro Educa+ 2035 EDUCA • 3375 dias | IPCA + 7.56% | R$ 30,00 | R$ 2.913,50 | 2035-12-15 | |
Tesouro Educa+ 2036 EDUCA • 3741 dias | IPCA + 7.56% | R$ 30,00 | R$ 2.709,74 | 2036-12-15 | |
Tesouro Prefixado 2037 (Juros Semestrais)Semiannual Coupons PREFIXADO • 3758 dias | 14.25% a.a. | R$ 30,00 | R$ 808,19 | 2037-01-01 | |
Tesouro IPCA+ 2037 (Juros Semestrais)Semiannual Coupons IPCA • 3892 dias | IPCA + 7.48% | R$ 43,52 | R$ 4.352,31 | 2037-05-15 | |
Tesouro Educa+ 2037 EDUCA • 4106 dias | IPCA + 7.53% | R$ 30,00 | R$ 2.526,45 | 2037-12-15 | |
Tesouro Educa+ 2038 EDUCA • 4471 dias | IPCA + 7.50% | R$ 30,00 | R$ 2.357,28 | 2038-12-15 | |
Tesouro Educa+ 2039 EDUCA • 4836 dias | IPCA + 7.45% | R$ 30,00 | R$ 2.204,94 | 2039-12-15 | |
Tesouro IPCA+ 2040 (Juros Semestrais)Semiannual Coupons IPCA • 5080 dias | IPCA + 7.34% | R$ 42,44 | R$ 4.243,50 | 2040-08-15 | |
Tesouro IPCA+ 2040 IPCA • 5080 dias | IPCA + 7.27% | R$ 30,00 | R$ 1.794,19 | 2040-08-15 | |
Tesouro Educa+ 2040 EDUCA • 5202 dias | IPCA + 7.39% | R$ 30,00 | R$ 2.066,11 | 2040-12-15 | |
Tesouro Educa+ 2041 EDUCA • 5567 dias | IPCA + 7.35% | R$ 30,00 | R$ 1.933,58 | 2041-12-15 | |
Tesouro Educa+ 2042 EDUCA • 5932 dias | IPCA + 7.31% | R$ 30,00 | R$ 1.810,93 | 2042-12-15 | |
Tesouro Educa+ 2043 EDUCA • 6297 dias | IPCA + 7.28% | R$ 30,00 | R$ 1.694,86 | 2043-12-15 | |
Tesouro Educa+ 2044 EDUCA • 6663 dias | IPCA + 7.27% | R$ 30,00 | R$ 1.582,65 | 2044-12-15 | |
Tesouro IPCA+ 2045 (Juros Semestrais)Semiannual Coupons IPCA • 6814 dias | IPCA + 7.32% | R$ 42,35 | R$ 4.235,04 | 2045-05-15 | |
Tesouro IPCA+ 2045 IPCA • 6814 dias | IPCA + 7.26% | R$ 30,00 | R$ 1.291,38 | 2045-05-15 | |
Tesouro Educa+ 2045 EDUCA • 7028 dias | IPCA + 7.26% | R$ 30,00 | R$ 1.478,26 | 2045-12-15 | |
Tesouro Educa+ 2046 EDUCA • 7393 dias | IPCA + 7.26% | R$ 30,00 | R$ 1.378,84 | 2046-12-15 | |
Tesouro Educa+ 2047 EDUCA • 7758 dias | IPCA + 7.25% | R$ 30,00 | R$ 1.288,44 | 2047-12-15 | |
Tesouro Educa+ 2048 EDUCA • 8124 dias | IPCA + 7.24% | R$ 30,00 | R$ 1.204,19 | 2048-12-15 | |
Tesouro RendA+ 2049 RENDA • 8489 dias | IPCA + 7.36% | R$ 30,00 | R$ 2.012,58 | 2049-12-15 | |
Tesouro IPCA+ 2050 (Juros Semestrais)Semiannual Coupons IPCA • 8732 dias | IPCA + 7.28% | R$ 41,15 | R$ 4.114,97 | 2050-08-15 | |
Tesouro IPCA+ 2050 IPCA • 8732 dias | IPCA + 7.19% | R$ 30,00 | R$ 909,82 | 2050-08-15 | |
Tesouro RendA+ 2054 RENDA • 10315 dias | IPCA + 7.27% | R$ 30,00 | R$ 1.433,07 | 2054-12-15 | |
Tesouro IPCA+ 2055 (Juros Semestrais)Semiannual Coupons IPCA • 10466 dias | IPCA + 7.21% | R$ 41,78 | R$ 4.177,71 | 2055-05-15 | |
Tesouro RendA+ 2059 RENDA • 12141 dias | IPCA + 7.17% | R$ 30,00 | R$ 1.030,95 | 2059-12-15 | |
Tesouro IPCA+ 2060 (Juros Semestrais)Semiannual Coupons IPCA • 12385 dias | IPCA + 7.19% | R$ 40,85 | R$ 4.085,26 | 2060-08-15 | |
Tesouro RendA+ 2064 RENDA • 13968 dias | IPCA + 7.11% | R$ 30,00 | R$ 741,56 | 2064-12-15 | |
Tesouro RendA+ 2069 RENDA • 15794 dias | IPCA + 7.04% | R$ 30,00 | R$ 537,86 | 2069-12-15 | |
Tesouro RendA+ 2074 RENDA • 17620 dias | IPCA + 7.00% | R$ 30,00 | R$ 388,72 | 2074-12-15 | |
Tesouro RendA+ 2079 RENDA • 19446 dias | IPCA + 6.99% | R$ 30,00 | R$ 278,76 | 2079-12-15 | |
Tesouro RendA+ 2084 RENDA • 21273 dias | IPCA + 6.99% | R$ 30,00 | R$ 199,25 | 2084-12-15 |