Treasury Direct redemptions outstripped issues for the third month in a row. In September, 403,225 investment operations were carried out in Treasury Direct bonds, worth R$ 1.86 billion. During that month, redemptions totaled R$ 2.02 billion. Net redemptions totaled R$ 168.48 million. The data were released today (23) by the National Treasury Secretariat in Brasília.
Investments of up to R$ 1,000 accounted for 67.42% of investment operations in the month. The average amount per operation was R$ 4,602.00.
According to the National Treasury, the securities most in demand by investors were those indexed to the Selic rate (Tesouro Selic), which totaled R$ 740.66 million, representing 39.91% of sales.
Inflation-linked securities (IPCA+ Treasury and IPCA+ Treasury with Semi-annual Interest) totaled R$ 656.95 million in sales and accounted for 35.40% of the total, while fixed-rate Immediate Bitcoin(Fixed-rate Treasury and Treasury with Semi-annual Interest) reached R$ 458.03 million in sales, or 24.68% of the total.
Buy-backs (early redemptions) were also dominated by floating-rate securities, which totaled R$ 1.22 billion (60.42%). The price-indexed securities (Treasury IPCA+, Treasury IPCA+ with Half-Yearly Interest and Treasury IGPM+ with Half-Yearly Interest) reached R$ 514.25 million (25.41%), and fixed-rate securities, R$ 286.79 million (14.17%).
As for maturity, the largest portion of sales was concentrated on securities maturing between one and five years, which reached 45.58% of the total. Investments in securities maturing over 10 years accounted for 26.67%, while securities maturing between 5 and 10 years accounted for 27.75% of the total.
In September 2020, the Treasury Direct stock stood at R$ 61.49 billion, up 0.41% from August (R$ 61.24 billion).
Price-indexed securities remained the most representative of the stock, totaling R$ 29.99 billion, or 48.78% of the total. Next came floating-rate securities, totaling R$ 19.44 billion (31.63%), and fixed-rate securities: R$ 12.05 billion, with 19.60% of the total.
As for the maturity profile of outstanding securities, the portion maturing in up to one year closed the month at R$ 3.68 billion, or 5.99% of the total. The stock maturing in 1 to 5 years was R$ 36.07 billion (58.65%) and the percentage above 5 years was R$ 21.74 billion (35.35%).
The total number of investors active in the Treasury Direct, that is, those who currently have a balance of investments in the program, reached 1,359,609 people in September, an increase of 14,954 investors in the month.
The total number of investors active in the Treasury Direct, that is, those who currently have a balance of investments in the program, was 1,359,609 people in September, an increase of 14,954 investors in the month. The number of registered investors in the program reached 8,386,216 people.