Sales of Treasury Direct bonds recorded in January were greater than redemptions by more than R$1 billion. According to data released today (22) by the National Treasury, registered sales were R$3.5 billion, while redemptions were R$2.47 billion.
In the month, 552,466 securities investment operations were recorded. Of the total redeemed, R$1.556 billion refers to buybacks, while R$920.7 million refers to maturities. In all, 1,827,392 people have a balance in Treasury Direct investments. The number represents an increase of 13.2 thousand in comparison with the previous month.
The securities most sought after by investors were those indexed to the basic interest rate (Selic), with a total of 50.5% of sales shares. Securities linked to inflation, measured by the Broad National Consumer Price Index (IPCA), such as the IPCA+ Treasury and the IPCA+ Treasury with Semiannual Interest, accounted for 35.7% of the total. Fixed-rates totaled 13.8% of the shares.
In buybacks (early redemptions), securities indexed to the Selic rate predominated, totaling R$ 856.45 million (55.03%). Securities remunerated by price indices totaled R$ 427.27 million (27.45%), fixed rate securities, R$ 272.69 million (17.52%).
According to data released by the Treasury, with regard to the issuance period, 12.9% of sales on the Treasury Direct in the month corresponded to securities with maturities over 10 years. Sales of bonds with maturities between 5 and 10 years accounted for 27.2%. Those with a term between 1 and 5 years represent 59.8% of the total.
Inventory
The total stock of the Direct Treasury was R$ 80.91 billion, a value that represents an increase of 2.2% compared to December 2021, when R$ 79.19 billion were recorded. In comparison with January last year, when the total stock was at R$ 62.51 billion, the result represents an increase of 29.4%.
Price index-linked securities account for the largest volume in the stock, reaching 55.6%. Following are securities indexed to the Selic rate, with a participation of 27.2%, and fixed rate securities, with 17.2%.
Regarding the composition of the stock by term, 3.5% of the bonds mature in up to 1 year. Most, 62.0%, is made up of bonds with maturities between 1 and 5 years. Securities with terms between 5 and 10 years correspond to 11.3%, and those with maturities over 10 years, to 23.2%.
Investments of up to R$ 1 thousand represented 62.38% of investment operations in the month, while the average value per operation was R$ 6,342.02. Regarding the accumulated profitability in twelve months, the highlight was the IPCA+ 2026 Treasury bond, which increased by 1.18%.
