The Selic rate is Brazil's benchmark interest rate, set by the Monetary Policy Committee (Copom) of the Central Bank at periodic meetings. It serves as the reference for all other interest rates in the market — loans, financing, savings, and government bonds.
The CDI (Interbank Deposit Certificate) closely tracks the Selic and is the most common indexer for fixed-income investments. The spread between Selic and CDI is typically a fraction of a percentage point.
The data below is collected directly from the Central Bank's Time Series Management System (SGS) and continuously updated.
Frequently asked questions
What is the Selic rate?
The Selic is Brazil's benchmark interest rate, set by the Central Bank's Copom. It influences all other interest rates in the economy.
How does the Selic rate affect my investments?
The Selic directly impacts fixed-income returns (CDBs, Treasury bonds, savings). When the Selic rises, these investments tend to yield more; when it falls, they yield less.