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Brazil Government Bond Zero-Coupon Yield Curve

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Brazil zero-coupon yield curve is a graphical representation of spot interest rates on Brazilian government bonds across different maturities. The benchmark is widely used for discounting cash flows and valuing financial instruments. ANBIMA calculates the curve using quotations of government bonds and applies the Svensson model. To improve the accuracy of yield estimates at the short end of the curve, the methodology also incorporates a reference point based on the Selic rate. The curve includes 24 tenors ranging from 3 weeks to 10.5 years. Curve values are published daily on business days for the previous trading day.

The data on the curves on the page is available for the past 3 years — access to additional data is available through the Cbn-data API

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