Dados B3 › Macro › Tesouro Direto
Macro · National Treasury of Brazil
Tesouro Direto: rates and yield curve
On the base date 2026-10-30, the buy-side rates were: Tesouro Selic 0.02% to 0.10% a year over the Selic; Tesouro Prefixado 13.48% to 15.38% a year; Tesouro IPCA+ 7.27% to 7.89% a year above inflation.
Tesouro Direto is the program through which Brazil's National Treasury sells government bonds to individuals. Each bond has a maturity and a rate the market quotes for it every day. This page shows the rate and price of each bond on the latest base date of the Treasury's public file, and the yield curve those rates draw by maturity: it is the public reading of what the market charges per term, while B3 does not release the interest rate futures.
4 maturities, 2027-03-01 to 2031-03-01
5 maturities, 2027-01-01 to 2032-01-01
6 maturities, 2029-05-15 to 2050-08-15
from our Macro section
Yield curve by maturity
Buy-side rate of each maturity on the base date. The horizontal axis is the term in years from the base date to maturity (our calculation, days / 365.25).
Each bond, by maturity
Base date: 2026-10-30. Rates in % a year; prices (PU) in R$. Buy and sell are the source labels.
Tesouro Selic
rate over the Selic, % a year (near zero: the bond earns the Selic plus or minus this premium or discount)
| maturity | buy rate | sell rate | buy price | sell price | history |
|---|---|---|---|---|---|
| 2027-03-01 | 0.02 | 0.03 | 20,210.04 | 20,199.05 | JSON |
| 2028-03-01 | 0.02 | 0.03 | 20,204.87 | 20,191.85 | JSON |
| 2029-03-01 | 0.06 | 0.07 | 20,185.67 | 20,170.66 | JSON |
| 2031-03-01 | 0.10 | 0.11 | 20,120.75 | 20,101.76 | JSON |
Tesouro Prefixado (fixed rate)
nominal fixed rate, % a year
| maturity | buy rate | sell rate | buy price | sell price | history |
|---|---|---|---|---|---|
| 2027-01-01 | 13.48 | 13.60 | 979.63 | 978.97 | JSON |
| 2028-01-01 | 14.32 | 14.44 | 856.35 | 854.85 | JSON |
| 2029-01-01 | 14.89 | 15.01 | 742.71 | 740.64 | JSON |
| 2031-01-01 | 15.30 | 15.42 | 555.37 | 552.67 | JSON |
| 2032-01-01 | 15.38 | 15.50 | 479.96 | 477.14 | JSON |
Tesouro Prefixado with semiannual coupons
nominal fixed rate, % a year
| maturity | buy rate | sell rate | buy price | sell price | history |
|---|---|---|---|---|---|
| 2027-01-01 | 13.53 | 13.65 | 1,027.37 | 1,026.67 | JSON |
| 2029-01-01 | 14.77 | 14.89 | 953.55 | 951.12 | JSON |
| 2031-01-01 | 15.29 | 15.41 | 884.81 | 881.27 | JSON |
| 2033-01-01 | 15.42 | 15.54 | 834.25 | 829.99 | JSON |
| 2035-01-01 | 15.39 | 15.51 | 800.78 | 796.02 | JSON |
| 2037-01-01 | 15.23 | 15.35 | 780.70 | 775.57 | JSON |
Tesouro IPCA+ (inflation-linked)
real rate, % a year, above inflation (IPCA)
| maturity | buy rate | sell rate | buy price | sell price | history |
|---|---|---|---|---|---|
| 2029-05-15 | 7.80 | 7.92 | 3,954.27 | 3,941.01 | JSON |
| 2032-08-15 | 7.89 | 8.01 | 3,083.90 | 3,062.48 | JSON |
| 2035-05-15 | 7.88 | 8.00 | 2,509.91 | 2,484.95 | JSON |
| 2040-08-15 | 7.56 | 7.68 | 1,757.62 | 1,729.99 | JSON |
| 2045-05-15 | 7.32 | 7.44 | 1,299.28 | 1,272.11 | JSON |
| 2050-08-15 | 7.27 | 7.39 | 908.63 | 884.45 | JSON |
Tesouro IPCA+ with semiannual coupons
real rate, % a year, above inflation (IPCA)
| maturity | buy rate | sell rate | buy price | sell price | history |
|---|---|---|---|---|---|
| 2030-08-15 | 7.84 | 7.96 | 4,568.84 | 4,549.19 | JSON |
| 2032-08-15 | 7.86 | 7.98 | 4,448.28 | 4,421.84 | JSON |
| 2035-05-15 | 7.86 | 7.98 | 4,389.83 | 4,355.94 | JSON |
| 2037-05-15 | 7.76 | 7.88 | 4,339.54 | 4,301.02 | JSON |
| 2040-08-15 | 7.63 | 7.75 | 4,209.20 | 4,164.50 | JSON |
| 2045-05-15 | 7.47 | 7.59 | 4,242.42 | 4,190.71 | JSON |
| 2050-08-15 | 7.43 | 7.55 | 4,113.86 | 4,057.48 | JSON |
| 2055-05-15 | 7.42 | 7.54 | 4,144.00 | 4,084.97 | JSON |
| 2060-08-15 | 7.42 | 7.54 | 4,036.03 | 3,975.28 | JSON |
Tesouro Renda+ Aposentadoria Extra
real rate, % a year, above inflation (IPCA)
| maturity | buy rate | sell rate | buy price | sell price | history |
|---|---|---|---|---|---|
| 2049-12-15 | 7.57 | 7.69 | 2,003.42 | 1,978.47 | JSON |
| 2054-12-15 | 7.44 | 7.56 | 1,420.83 | 1,395.29 | JSON |
| 2059-12-15 | 7.33 | 7.45 | 1,015.91 | 992.08 | JSON |
| 2064-12-15 | 7.28 | 7.40 | 723.52 | 702.62 | JSON |
| 2069-12-15 | 7.27 | 7.39 | 511.71 | 494.17 | JSON |
| 2074-12-15 | 7.27 | 7.39 | 361.03 | 346.73 | JSON |
| 2079-12-15 | 7.28 | 7.40 | 253.74 | 242.33 | JSON |
| 2084-12-15 | 7.28 | 7.40 | 178.94 | 169.96 | JSON |
Tesouro Educa+
real rate, % a year, above inflation (IPCA)
| maturity | buy rate | sell rate | buy price | sell price | history |
|---|---|---|---|---|---|
| 2030-12-15 | 7.62 | 7.74 | 3,432.49 | 3,423.09 | JSON |
| 2031-12-15 | 7.69 | 7.81 | 3,947.84 | 3,934.70 | JSON |
| 2032-12-15 | 7.82 | 7.94 | 3,652.14 | 3,635.96 | JSON |
| 2033-12-15 | 7.86 | 7.98 | 3,383.19 | 3,364.49 | JSON |
| 2034-12-15 | 7.87 | 7.99 | 3,135.89 | 3,115.11 | JSON |
| 2035-12-15 | 7.87 | 7.99 | 2,908.02 | 2,885.54 | JSON |
| 2036-12-15 | 7.85 | 7.97 | 2,700.64 | 2,676.80 | JSON |
| 2037-12-15 | 7.82 | 7.94 | 2,511.13 | 2,486.22 | JSON |
| 2038-12-15 | 7.79 | 7.91 | 2,336.65 | 2,310.90 | JSON |
| 2039-12-15 | 7.73 | 7.85 | 2,181.78 | 2,155.35 | JSON |
| 2040-12-15 | 7.68 | 7.80 | 2,036.78 | 2,009.88 | JSON |
| 2041-12-15 | 7.62 | 7.74 | 1,905.32 | 1,878.05 | JSON |
| 2042-12-15 | 7.56 | 7.68 | 1,784.34 | 1,756.84 | JSON |
| 2043-12-15 | 7.51 | 7.63 | 1,670.52 | 1,642.94 | JSON |
| 2044-12-15 | 7.45 | 7.57 | 1,567.78 | 1,540.17 | JSON |
| 2045-12-15 | 7.41 | 7.53 | 1,468.62 | 1,441.15 | JSON |
| 2046-12-15 | 7.37 | 7.49 | 1,376.85 | 1,349.59 | JSON |
| 2047-12-15 | 7.34 | 7.46 | 1,289.67 | 1,262.72 | JSON |
| 2048-12-15 | 7.31 | 7.43 | 1,208.68 | 1,182.12 | JSON |
Tesouro IGPM+ with semiannual coupons (discontinued)
real rate, % a year, above the IGP-M
| maturity | buy rate | sell rate | buy price | sell price | history |
|---|---|---|---|---|---|
| 2031-01-01 | 7.80 | 7.92 | 8,006.65 | 7,962.29 | JSON |
How to read each rate
- Tesouro Prefixado (fixed rate): the rate is nominal, fixed to maturity. The buyer knows the contracted rate; the inflation of the period is not part of it.
- Tesouro IPCA+ (also Renda+ and Educa+): the rate is real, what the bond earns above IPCA inflation. The total return is the inflation of the period plus this rate.
- Tesouro Selic: tracks the Selic rate; the rate shown is the premium or discount over it, which is why it sits near zero.
- With semiannual coupons: the bond pays coupons every six months, and its price and rate differ from the same maturity without coupons.
- Buy and sell are the source labels, from the investor's point of view: buy is the side where the investor buys from the Treasury (lower rate, higher price); sell is the side where he sells back. These are indicative morning rates of the base date.
- A fixed nominal rate and a real rate are not directly comparable: one carries the inflation expectation, the other strips it out. That is why there are two charts.
The data in JSON and CSV
- /tesouro/taxas — the rates of the latest base date, every bond, in JSON.
- /tesouro/taxas?formato=csv — CSV.
/tesouro/taxas?titulo=prefixado&vencimento=2027-01-01— the whole history of one bond since the start of the file (withdeandateto cut it);titulois selic, prefixado, prefixado-juros, ipca, ipca-juros, renda-mais, educa-mais or igpm-juros;data=YYYY-MM-DDasks for another base date.- How these rates are collected
Source and licence
National Treasury of Brazil — Tesouro Transparente — Taxas dos Títulos Ofertados pelo Tesouro Direto (PrecoTaxaTesouroDireto.csv).
Dataset: https://www.tesourotransparente.gov.br/ckan/dataset/df56aa42-484a-4a59-8184-7676580c81e3
Licence: ODbL 1.0 (Open Data Commons Open Database License), as declared by Tesouro Transparente in the dataset metadata. Condition: free use, including commercial, citing the National Treasury as the source and sharing the derived database on the same terms.
The number is the one the source published, not recomputed; the only calculation on this page is the term in years to maturity, drawn on the chart axis, which is ours. It is an aggregate that nobody rebuilds from a public filing, so it lives in the Macro section.
How to cite
Source: https://dadosb3.com/tesouro?lang=en (Dados B3) — Tesouro Direto rates and prices, figures published by the National Treasury of Brazil (Tesouro Transparente; ODbL 1.0), not recomputed; data version 2026-11-03-delistadas-proventos-cvm; latest base date 2026-10-30. Open methodology at https://dadosb3.com/metodologia/tesouro_direto?lang=en.
Coverage: 2004-12-31 → 2026-10-30 · 178072 rows · 150 bonds · Not investment advice.
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 20:15 UTC. If this does not match /saude, you are reading a cached copy.