CDI (daily)0,05
The CDI is the interest rate banks charge each other on overnight lending. Because it closely tracks the Selic, the CDI became the most common indexer for fixed-income investments in Brazil — most CDBs pay a percentage of the CDI (e.g. 110% of CDI).
The daily rate is a single business day's rate; the annualized CDI projects that value over 252 business days (the Brazilian financial year).
Frequently asked questions
What is CDI?
The CDI (Interbank Deposit Certificate) is the overnight interbank lending rate. It is the most common indexer for CDBs and other Brazilian fixed-income investments.
What is the difference between CDI and Selic?
The Selic is set by the Central Bank; the CDI is the market rate between banks. The CDI closely tracks the Selic with a spread of a few basis points.