How does Banco Inter fixed income work?

Find out which fixed income products Banco Inter has!

Banco Inter fixed income has several investment options!

Therefore, if you are looking for safer investments that offer investment predictability, it is worth considering investing in fixed income.

With that in mind, we’ll show you which financial products in this category are available at Banco Inter. Check it out!

How to invest in fixed income at Banco Inter?

Individuals and legal entities that have an open digital account will be able to invest in the available applications.

Therefore, the first step is to open a digital account at the bank.

This way, you will have access to the fixed income products available for investment.

Is it possible to redeem the application at any time?

This depends on the application that was made.

For example, if you have invested in a CDB, which is a type of investment with daily liquidity, you can withdraw the amount invested before the maturity date.

However, some fixed income investments, such as LCI and LCA, only allow redemption on a specific maturity date.

Therefore, before you start investing, you need to think about some factors, such as your investor profile, financial objectives and the time frame in which you intend to make the withdrawal.

Now that you know this, it's time to learn about the main fixed income applications from Banco Inter:

Treasury Direct

Tesouro Direto is one of the safest investments on the market.

Basically, it is a National Treasury program developed in partnership with B3 for the sale of federal public bonds to individuals.

Currently, with just over R$ 30, you can already invest in Treasury Direct bonds.

There are three main types of Treasury Direct:

- Fixed-rate Treasury: profitability is defined at the time the title is contracted.

- Selic Treasury: It is a post-fixed security whose profitability is linked to the Selic rate, the economy's basic interest rate.

- IPCA Treasury: The profitability rate of this security is composed of a fixed portion plus the variation of the Broad Consumer Price Index – IPCA in the period.

CDB

CDB is the Bank Deposit Certificate.

This title is issued by banks to raise money and finance their activities, such as projects and debt payments, for example.

When you buy a CDB bond, you are actually lending your money to the bank.

In return, on the agreed date, you will receive the invested capital plus interest.

A CDB title can be prefixed, post-fixed or hybrid.

CDBs with a longer maturity term tend to have more attractive profitability.

One of the main advantages of this investment is the protection of the Credit Guarantee Fund (FGC) up to the limit of R$ 250 thousand per CPF or CNPJ.

LCI and LCA

LCI and LCA stand for Letra de Crédito Imobiliário and Letra de Crédito do Agronegócio, respectively.

Both are very similar to CDBs issued by banks. This means that whoever buys one of these securities lends the money to an institution.

But the advantage of LCIs and LCAs compared to CDB and Tesouro Direto is that they are exempt from Income Tax.

From the investor's point of view, it doesn't make much difference whether you invest in an LCI or LCA, what basically changes is the security behind the paper.

Real estate credit letters are backed by the real estate sector's loan portfolio. Agribusiness credit letters are securities used to raise financial resources for agribusiness.

Regarding the main disadvantage of letters of credit, as we have already mentioned, it is restricted liquidity.

Normally, you have to wait for the paper to mature to redeem the investment and turn it back into money in your account.

The investor may even try to withdraw the invested capital before the deadline. However, banks and brokers may charge a “fine”, which will considerably affect the accumulated profitability.

So if you are thinking of investing to build your emergency fund, It is recommended to invest in a post-fixed CDB or in the Tesouro Selic.

LCIs and LCAs also have the protection of the FGC.

CRI and CRA

The real estate receivables certificate (CRI) and the agribusiness receivables certificate (CRA) are fixed income securities.

The advantage of this type of investment is that it offers a higher return than government bonds. On the other hand, the risks are also slightly higher.

CRI and CRA are issued by securitization institutions – companies responsible for purchasing the company's debt.

The main difference between CRIs and CRAs is the origin of the securitized receivables.

CRIs are credits linked to the real estate sector, while CRAs are investments to finance activities linked to agribusiness.

Remuneration may be fixed, post-fixed or linked to inflation.

One advantage of CRIs and CRAs is that these investments are exempt from Income Tax, that is, the profitability offered to investors is net.

However, like LCIs and LCAs, receivables certificates are considered low liquidity investments.

In other words, they are more recommended for investors focused on the medium and long term.

Debentures

A debenture is a debt security issued by companies with the aim of raising funds for various purposes.

It works like a loan made so that companies can carry out financial plans.

Debentures are securities that represent the company's debt. In other words, whoever holds the title guarantees the right to credit that must be paid by the issuing company.

The investor will be remunerated through interest that can be fixed, post-fixed or hybrid.

This investment is recommended for those who are thinking in the medium and long term. Generally, investments last at least two years.

To choose a debenture, you must take into account the investment term, yield and issuer of the debenture, since there is no FGC guarantee in this investment.

Conclusion

Banco Inter fixed income products are good options for those who want to invest in this investment category in 2022.

The first step, as you already know, is to create your account.

But before you start investing, do some research on the application that interests you the most. That way, you will know if it is the most suitable option for your investment portfolio!