What is the profitability of Tesouro Direto?
Find out how the profitability of Tesouro Direto works
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What is the profitability of Tesouro Direto? This is one of the main questions for those who are making their first investments in fixed income and no longer want to leave money sitting in savings.
And understanding the profitability of Tesouro Direto may be what you really need to leave savings behind for good.
But before you start investing, it is essential to understand how this asset works and its characteristics.
With this in mind, we have prepared an article with all the information you need to better understand how the profitability of Tesouro Direto works.
What is Tesouro Direto?
Tesouro Direto is a government program for issuing public sales bonds.
The process works in a similar way to loans.
To begin, you will choose a bond to invest in. In exchange, on the maturity date, you will receive an interest rate, which is the profitability of the Treasury Direct.
They are offered in three modalities:
1. Prefixed Treasury
The fixed-rate treasury is a fixed-income security with interest rates determined at the time of contracting.
This means that at the time of hiring, you will know exactly how much you will receive at the end of the period.
For this reason, fixed-income securities are recommended for the more conservative, who are looking for an asset that offers not only profitability, but predictability and security.
2. Selic Treasury
Tesouro Selic is the best-known form of Tesouro Direto.
It gets this name because its profitability is linked to Selic, the basic interest rate of our economy.
This option is recommended for those who are thinking in the short term or want to create an emergency reserve, as it has the lowest risk in the event of early redemption/sale.
Even so, the Selic Treasury It continues to be a good option for those who invest in the medium and long term, since the amount can be redeemed on the maturity date.
As we said, because this modality has its yield linked to the Selic rate, which can change every 45 days, its interest rate is post-fixed.
3. IPCA Treasury
The IPCA Treasury is a public security whose profitability is linked to the main inflation index in Brazil, the IPCA – Broad National Consumer Price Index.
It is a hybrid security. In other words, part of its remuneration is post-fixed, since it follows the variation of the IPCA, and the other part is prefixed.
The post-fixed rate will vary throughout the investment, adjusted based on the IPCA, which varies month to month.
Regarding the fixed rate, at the time the title is purchased, you will already know how much you will receive, because as the name suggests, the fixed rate will not change.
How to calculate the monthly profitability of Tesouro Direto?
The profitability of the bonds is annual.
But to estimate the monthly return, simply divide the profitability value by 12.
It is worth remembering that if the investor keeps the security in the portfolio until maturity, he will receive the amount agreed at the time of purchase.
Direct Treasury Simulator
To help you better understand the profitability of Tesouro Direto, we will use the calculator that the platform itself makes available.
When simulating an application of R$ 2 thousand in three different Treasury bonds, the results were:
Treasury fixed rate 2025
To begin, let's do the simulation with the 2025 fixed-rate Treasury.
Its annual profitability is 11.45% and the maturity date is 01/01/2025.
Therefore, if you made an investment of R$2,000, at the end of the contract, you would receive a total of R$ 2,596.19.
If you applied the same amount to savings, you would receive R$ 2,359.61.
Treasury Selic 2027
The annual return on this security is SELIC + 0.1465% and the maturity date is 03/01/2027.
Considering the initial investment value in R$ 2000, the estimated result at the end of the contract would be R$ 2,817.36.
If you applied the same amount to savings, you would receive R$ 2,617.27.
IPCA+ Treasury 2026
The annual return on this security is IPCA + 5.46% and the maturity date is 08/15/2026.
Therefore, the estimated result on the due date is R$ 2,804.22.
If you invested the same amount in savings and withdrew the money on this date, you would have R$ 2,545.25.
Income Tax in the Treasury Direct
Tesouro Direto is subject to Income Tax.
However, it only applies to the income for the period of the investment, not the total amount invested.
Income Tax in Tesouro Direto follows a regressive table. Check out the regressive IR table below:
• Up to 180 days: 22,5%
• From 181 to 360 days: 20%
• From 361 to 720 days: 17,5%
• From 721 days: 15%.
The IOF (Tax on Financial Transactions) is only charged on investments with a term of less than 30 days.
The rates decrease according to the time the title is held.
The rate starts at 96% for a one-day investment. The amount may seem scary, but it gradually drops until it reaches 0% on the 30th day.
Even with the income tax discount, it is worth investing in Tesouro Direto. However, it is important to know that this affects your income in some way.
What are the Treasury Direct rates?
There are two fees charged for investing in Tesouro Direto:
• Financial institution administration fee: also called the custody agent fee, it is a percentage charged by the broker on the value of the security charged.
• Tesouro Direto custody fees: the custody (maintenance) of public securities purchased by individuals is the responsibility of the stock exchange. The custody fee for securities fell from 0.25% to 0.20% of the value of the securities.
Conclusion
As you can see, the profitability of Tesouro Direto is more attractive than that of the savings account.
The good news is that investing in Tesouro Direto is simpler than you think.
Therefore, if you prioritize security, liquidity and profitability, Treasury Direct bonds can be good options for your investment portfolio!
