Fixed income at XP: prefixed CDB reaches 15.130% per year this Thursday (29) with Fed maintaining interest rates

Those looking for fixed income will find a wide range of rates on XP this Thursday (29), according to a survey by InfoMoney. The highlight is the pre-fixed CDB, which offers up to 15.130% per year on papers with maturities over 12 months. For those who prefer to protect themselves from inflation, bonds linked to the IPCA reach IPCA plus 9.380%, for terms longer than one year.

In post-fixed alternatives, the CDB yields up to 105% of the CDI over a period of 12 months. In letters of credit, the LCA appears with a pre-fixed rate of up to 11.750% in one year, IPCA plus up to 4.720% in 12 months and a post-fixed rate of up to 85% of the CDI for terms over one year. The LCI is pre-fixed at up to 12.400% in 12 months and post-fixed at up to 80.5% of the CDI.

The background comes from American interest. According to InfoMoney, the Federal Reserve maintained interest rates in the previous session, and two differences in the committee voted for an increase. Also according to the portal, Jeff Schulze, from the Franklin Templeton Institute, in an interview with CNBC, does not rule out an increase of 25 basis points by the end of the year. In that same trading session, New York indices closed higher.

On the domestic agenda, the Central Government releases the primary result in the morning, and in the afternoon the fiscal statistics and the monthly Treasury debt report are released, according to Money Times. These are data that the market follows closely when evaluating public accounts and, consequently, the trajectory of interest rates.

In companies, Ambev publishes its balance sheet before the market opens, and Vale publishes its quarterly report after the market closes. In the United States, Eli Lilly also releases the third quarter on Thursday, after the stock exchanges close. The analyst consensus compiled by LSEG projects revenue of US$22.61 billion, and the expectation is that sales of Mounjaro, a pen also used to treat diabetes, will drive the result. On the same radar, Microsoft rose 2.57% on the day, while Alphabet fell 10% in the pre-market, with technology earnings in focus.

What changes for the investor

For those comparing fixed income alternatives, the main thing to read is the difference between locking in the rate and following an index. The pre-fixed rate fixes the contracted remuneration since application, the post-fixed rate follows the CDI and the IPCA seeks gains above inflation until maturity, always in accordance with the conditions of each paper. With the Fed divided over a new hike and with relevant balance sheets on the agenda, the interest rate scenario remains the main factor to watch. It is worth comparing the term, liquidity, taxation and risk of the issuer before deciding, without taking the highest rate as the only reference.

Automatically translated from Portuguese.