Today: September 24, 2024
September 24, 2024
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Strike forces Tesouro Direto to suspend sale of bonds this Tuesday

Strike forces Tesouro Direto to suspend sale of bonds this Tuesday

Individuals will not be able to buy government bonds online this Tuesday (24). The strike by public servants of the National Treasury will interrupt the sale of Treasury Direct bonds for one day.Strike forces Tesouro Direto to suspend sale of bonds this Tuesday

In a statement, the National Treasury reported that the suspension will occur throughout the financial system. No institution or bank will be able to sell securities to investors on Tuesday.

Even operations scheduled for Tuesday have been canceled. Tesouro Direto recommends that investors schedule trades for after Tuesday, once operations have returned to normal.

In contrast, early redemption operations of securities and scheduling – for other dates after Tuesday – will continue to be carried out normally on Tuesday. “Investors will be able to redeem their investments normally in the program [Tesouro Direto]if they wish”, says the note.

Strike

National Treasury employees have been on strike since the beginning of August. The category demands the inclusion of salary adjustments for the agency in the 2025 Budget Guidelines Law and in the 2025 Budget, whose projects are being processed in Congress.

Due to the strike, the National Treasury postponed the press conferences for the Monthly Public Debt Report and the National Treasury Result in August. Initially scheduled for the last week of August, the interviews only took place at the beginning of September.

It is not yet clear whether the new releases of the two reports, scheduled for this week, will also be postponed.

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