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Macro · Central Bank of Brazil

Selic rate: target and effective

The Selic target is 13.75% a year (in force since 2026-09-17); the effective Selic was 13.65% a year on 2026-10-30.

The Selic target is the policy rate set by the Copom at each meeting. The effective Selic is the average rate of overnight operations backed by government bonds, computed by the Central Bank on every business day and annualised on 252 business days; it sits just below the target. Floating-rate fixed income moves with it.

13.75Selic target, % a year
since 2026-09-17
14.00previous target
2026-08-06 → 2026-09-16
13.65effective Selic, % a year
2026-10-30

History

Selic target, % a year, monthly, since 199913.8% 2026-10-30
high 1999-03-31: 42.0%low 2020-08-31: 2.0%2026-10-30: 13.8%
1999low 2.0% · high 42.0%2026

The last 12 Selic targets

Each line is a period in which the Copom target was the same, from the Central Bank daily series (SGS 432); the last line runs up to the latest day in the base.

fromto% a year
2026-09-172026-11-0313.75
2026-08-062026-09-1614.00
2026-06-182026-08-0514.25
2026-04-302026-06-1714.50
2026-03-192026-04-2914.75
2025-06-192026-03-1815.00
2025-05-082025-06-1814.75
2025-03-202025-05-0714.25
2025-01-302025-03-1913.25
2024-12-122025-01-2912.25
2024-11-072024-12-1111.25
2024-09-192024-11-0610.75

The data in JSON and CSV

Source and licence

Central Bank of Brazil — SGS — Sistema Gerenciador de Séries Temporais (api.bcb.gov.br).

Licence: ODbL 1.0 (Open Data Commons Open Database License), as declared by the BCB on its open data portal. Condition: free use, including commercial, citing the Central Bank as the source and sharing the derived database on the same terms.

The number is the one the source published, not recomputed. It is an aggregate that nobody rebuilds from a public filing, so it lives in the Macro section, apart from the company fundamentals.

How to cite

Source: https://dadosb3.com/macro/selic?lang=en (Dados B3) — Selic rate: target and effective, figure published by Central Bank of Brazil (SGS; ODbL 1.0), not recomputed; data version 2026-11-03-delistadas-proventos-cvm; latest figure 2026-10-30. Open methodology at https://dadosb3.com/metodologia/indicadores_macro?lang=en.

Other macro indicators

Coverage: 1999-01-04 → 2026-10-30 · 6989 points · Not investment advice.

Back to Macro

Sources: CVM (open data, ODbL) and B3 (COTAHIST). Not affiliated with B3 or the CVM. Not investment advice.

Numbers on this page are live. Data version 2026-11-03-delistadas-proventos-cvm · page generated 2026-11-03 23:34 UTC. If this does not match /saude, you are reading a cached copy.