With 760,086 transactions totaling R$5.68 billion in June, investments in Treasury Direct bonds recorded the highest number in the historical series. According to the National Treasury, R$3.27 billion in redemptions were recorded, and R$2.41 billion in net issuances.
The majority (54.2%) originated from investments of up to R$1,000 per month. The average value per transaction was R$7,476.39. Regarding the term, securities with maturities between 1 and 5 years were the most sought after, representing 60.3% of the total. Investments in securities with maturities over 10 years represented 27.3%. Securities with maturities of 5 to 10 years corresponded to 12.3% of the total.
The total number of active investors in Tesouro Direto (people with a balance of investments) reached 2,663,214 in June, a number that registers 44,213 more investors in the month. The number of registered investors increased by 17.4% compared to June 2023 – a percentage that corresponds to 295,379 new registrations, for a total of 28,962,851 people.
According to the Treasury, the greatest demand among the group of bonds was those indexed to inflation, with a total of R$3.06 billion, which represents 53.8% of the total observed in June.
Securities indexed to the Selic rate, which is 13.5% per year, represented 36.1% of sales, totaling R$2.05 billion. Fixed-rate securities accounted for 10.1% of the total, corresponding to a total of R$575.2 million in sales.
“Highlights include the new Tesouro RendA+ bonds, with R$218.1 million in sales (3.8% of the total), and Tesouro Educa+, with R$69.1 million in sales (1.2% of the total),” reported the National Treasury.
Securities indexed to the Selic rate were the most common in repurchases (early redemptions), totaling R$1.99 billion (60.8%). Securities remunerated by price indexes totaled R$917.6 million (28.1%), while fixed-rate securities totaled R$364.4 million (11.1%).
Stock
The total Treasury Direct stock closed June at R$143.2 billion. The result is 2.5% higher than that observed in May, when it closed at R$139.6 billion.
The securities that remained the most representative were those remunerated by price indexes, totaling R$72.1 billion, which represents 50.4% of the stock. Securities indexed to the Selic rate totaled R$52.2 billion (36.5% of the total), while fixed-rate securities totaled R$18.9 billion (13.2%).
Securities maturing in up to 1 year accounted for 21.8% of the securities in stock in the month, totaling R$31.2 billion. Those maturing between 1 and 5 years accounted for 46.7% of transactions with securities in stock, totaling R$66.8 billion. Those maturing in over 5 years accounted for 31.5%, totaling R$45.2 billion.
Fund-raising
Tesouro Direto was created in January 2002 to popularize this type of application and allow individuals to acquire public securities directly from the National Treasury, via internetwithout the intermediation of financial agents. The investor only needs to pay a semi-annual fee to B3, the Brazilian stock exchange, which has custody of the securities. More information can be obtained on the Tesouro Direto website.
The sale of bonds is one of the ways the government has of raising funds to pay debts and honor commitments. In exchange, the National Treasury undertakes to return the amount plus an additional amount that may vary according to the Selic rate, inflation rates, exchange rates or a rate defined in advance in the case of fixed-rate bonds.
