S
Brazil Selic Rate
Description
The Selic rate is Brazil's primary monetary policy tool set by the Central Bank of Brazil, influencing borrowing costs across the economy.
Key risks
market-risk
This risk may negatively affect the instrument’s performance under certain market conditions.
The list of risks is not exhaustive and highlights the most material structural and market-related factors.
Portfolio role & behavior
Economic role
benchmark
Behavior
counter-cyclical
The information provided is for analytical and informational purposes only and does not constitute investment advice.
Any decisions are made independently by the user and at their own risk.
For details, see legal terms.