Economy
National Treasury cancels fixed-rate and IPCA+ auctions following Lula's reelection
The cancellation of traditional auctions aims to avoid selling government bonds amid strong volatility, but the supply of Selic-linked securities remains unchanged.
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The essentials of this story
- What happened
- The National Treasury canceled traditional auctions of fixed-rate and IPCA-linked government bonds.
- Who is affected
- Institutional investors and the government bond market.
- What changes
- Only auctions of Selic-linked securities continue to take place, while issuances of fixed-rate and inflation-indexed bonds have been temporarily suspended.
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Sources
- Após vitória de Lula, Tesouro cancela leilões de prefixados e IPCA+ da semana — InfoMoney
- Tesouro suspende leilões de títulos prefixados e atrelados à inflação após vitória de Lula — Exame
- Tesouro cancela leilões de títulos prefixados e atrelados à inflação previstos para esta semana — Folha de S.Paulo — mercado