Which Treasury Direct yields the most?
Want to know which Treasury Direct yields the most? Then be sure to read this article!
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Which Treasury Direct yields the most? This is a very common question among beginner investors who are interested in fixed income investments.
This program launched in 2002, in partnership with B3, came with the objective of democratizing access to public securities.
In fact, it is one of the most accessible investments on the market. After all, with just R$ 30, you can already invest in the Treasury.
And if you want to know which title pays the most, keep reading! We’ll show you everything you need to know about each one.
What is Tesouro Direto?
The Government issues different types of bonds to investors.
In this way, the country is able to obtain financial resources to carry out its activities. This means that when you invests in the Treasury Direct, you are, in fact, lending your money to the Union.
At the end of the stipulated period, you receive your money back along with the income.
When you withdraw your money, it is up to you to use it to achieve financial goals or to invest it again in a Treasury Direct bond or another type of investment.
Tesouro Direto is considered one of the best investments, as in addition to being safe, it offers securities with different profitability rates, maturity dates and remuneration flows.
What are the three types of Treasury Direct bonds?
To invest in Tesouro Direto, it is necessary, before anything else, to know the available alternatives and the particularities of each security.
And that's what you're going to find out now! Check out the types of Treasury Direct bonds:
1. Prefixed Treasury
The fixed-rate treasury offers bonds with different terms and yields.
And this title's main characteristic is the interest rates defined at the time of contracting.
In other words, as soon as you purchase a fixed-rate security, you will know exactly how much you will redeem on the maturity date.
It is important to mention that if you sell your bond before the deadline, Tesouro Direto will only pay the market value.
This means that profitability may be lower than that established at the time of contracting.
Therefore, the fixed-rate Treasury is not recommended for those who are thinking of building a emergency reserve or you are not sure whether you can wait until the due date to redeem the application.
2. IPCA Treasury
The IPCA Treasury also offers several bonds for investors.
It is a hybrid category security, as its profitability is made up of two parts: one prefixed and the other post-fixed.
Another difference is the maturity date of the bonds. There are several terms and, therefore, the investor can choose those that most closely match their financial goals.
As the IPCA Treasury follows inflation, it is more recommended for those who intend to invest with a long-term view.
This way, you can be sure that your money is not losing value, even if there is a considerable increase in inflation.
3. Selic Treasury
The Tesouro Selic is a post-fixed security that follows the variation of the Selic rate, the basic interest rate of the economy.
The advantage of this is that if you need to sell your bond before maturity, you won't lose money. This is why the Tesouro Selic is widely used by those who want to build an emergency fund.
Among the three securities, Selic is the one with the lowest risk in case of early sale.
The Tesouro Selic is not very volatile. This means that the value of the paper fluctuates little over time.
Which Treasury Direct yields the most in 2021?
As safe as savings, Tesouro Direto also stands out when it comes to profitability and liquidity.
But after all, what is the best title to purchase in 2021?
In March 2021, the Central Bank's Monetary Policy Committee (Copom) initiated a progressive plan to increase the basic interest rate.
The Selic rate has increased several times this year. And experts predict that by the end of 2021 it will reach 9.25%.
And inflation is also growing in Brazil. The IPCA (Broad National Consumer Price Index) jumped from 4,31% in 2019 to 10,25% in the 12-month period up to September 2021.
And what does this have to do with Treasury Direct bonds?
Due to the increase in inflation and the Selic rate, fixed-rate bonds (in which you know exactly how much you will receive at the end of the term) have seen a drop in the number of sales.
Currently, investors are more interested in Tesouro Selic and Tesouro IPCA.
Which is better: Tesouro Selic or IPCA?
Before anything else, you need to take into account your investor profile and your financial goals.
The Tesouro Selic is a medium-term investment. The available investment options mature in 2024 or 2027. Its profitability follows the economic scenario. In addition, the Tesouro Selic does not suffer much volatility.
The IPCA Treasury, on the other hand, is more susceptible to price variations and the economic situation in Brazil.
In fact, according to the National Treasury itself, in August 2021, the IPCA Treasury was the most sought after by investors.
Since the title has a hybrid remuneration, it can have the best of both scenarios.
According to experts, the IPCA in 2021 should reach close to 10%.
For this reason, at least for now, the IPCA Treasury tends to be more profitable, since it is beating inflation. Therefore, the money invested does not lose value.
In this economic scenario, investments linked to inflation become an interesting option to guarantee the appreciation of investors' money.
Conclusion
As you can see, the IPCA Treasury is currently offering the best profitability.
But before purchasing this security, analyze your investor profile and your financial goals. This way, you will be able to make choices that are more appropriate to your reality and what you intend to achieve in the medium and long term.
