Investments in Brazil’s Tesouro Direto ("Direct Treasury") reached BRL 3.12 billion in April. Redemptions stood at BRL 1.65 billion. Thus, emissions added up to a net BRL 1.47 billion, as the secretariat for the country’s National Treasury reported in Brasília today (Jun 13).

The total number of active investors under Tesouro Direto reached 1,935,177 in April, when an increase of 34,399 investors was observed. The number of investors registered in the program rose by 500,978, up 72.8 percent from April 2021, reaching 18,392,003 people.

Investments of up to BRL 1 thousand accounted for 61.22 percent of investment operations in the month. The average amount was BRL 6,324.79 per operation.

The bond that most attracted investors was the Selic Treasury, indexed to the basic interest rate, which represented BRL 1.83 billion in sales and corresponded to 58.69 percent of the total.

Inflation-indexed bonds (Tesouro IPCA+ and Tesouro IPCA+ with Semiannual Interest) totaled BRL 951.10 million and accounted for 30.44 percent of sales, while fixed-rate bonds (Tesouro Prefixado and Tesouro Prefixado with Semiannual Interest) accounted for BRL 339.85 million in sales, or 10.88 percent of the total.

Government bonds

Launched in 2002, Tesouro Direto is a program under Brazil’s National Treasury aimed at providing everyone with access to government bonds online, with investments starting at BRL 30.