Fixed income at XP reaches 14.25% per year in the CDB prefixed this Friday (30)
CDB, LCI and LCA rates at XP share the day with the employment agenda, Vale's balance sheet and BoJ decision.
BY THE X-TRADER NEWS NEWSROOM · REPORTING FROM INFOMONEY · 3 MIN
Those looking for fixed income this Friday (30) will find XP CDB prefixed with a rate of up to 14.25% per year, according to InfoMoney. On the same day, the economic agenda brings together employment and activity data in Brazil, Vale's balance sheet and the Bank of Japan's interest rate decision.
In CDBs, XP offers floating rates of up to 102% of the CDI in 12 months, and fixed-rate securities have maturities over 12 months. Bonds linked to inflation reach IPCA plus 9.36%, with a maturity of more than one year. Comparing these three references helps the investor, because each one responds differently to interest rates and prices.
In letters of credit, the prefixed LCA appears with up to 11.51% in one year, and the version linked to the IPCA reaches IPCA plus 4.40% in 12 months. The post-fixed LCA reaches 85% of the CDI over a period of more than one year. The pre-fixed LCI has a rate of up to 12.40% in 12 months, and the post-fixed one has a rate of up to 80.5% of the CDI.
In the macro scenario, the Continuous PNAD shows the September unemployment rate. According to Money Times, Broadcast's median projections were 5.2%, compared to 5.3% the previous month. For those who follow interest rates, the pace of the job market usually plays a role in reading expectations about monetary policy.
On the stock market, Vale (VALE3) released its balance sheet on Thursday night (29) and profit fell 53%, according to Money Times. The company's ADRs fell in the pre-market. Abroad, the agenda includes previews of the GDP of the main European economies, the preliminary estimate of the third quarter GDP of the euro zone, China's PMIs and the BoJ's decision, which comes with a quarterly economic outlook report.
Finally, Antagonista informs that banks close this Friday (30th) and that in-person service will only return on the 3rd of the following month. Money Times also mentions the fall of bitcoin, without detailing the movement.
What changes for the investor
High fixed rates in CDBs and LCIs compete for space with variable income, as the investor compares the contracted return with what the stock market can offer. This weight tends to appear more on days of negative corporate news, such as Vale's balance sheet. The combination of employment data, European GDP and the BoJ's decision can affect interest and exchange rate expectations, and it is worth monitoring these numbers. The closure of banks without in-person service until the 3rd may also delay operations that depend on branches. This text is not a recommendation to buy or sell and does not project quotes.
Automatically translated from Portuguese.
