Cash Rate

Banco Central do Brasil, via BIS

Brazil Selic target

View on Brazil desk

14.00%

−0.25 pp last change (Aug 5, 2026)

As of Sep 17, 2026 | Daily (policy rate; changes on decision days)

Average
1674.34%
Median
15.00%
Low
2.00% Aug 6, 2020
High
790799.14% Feb 19, 1990
DateRate
Sep 17, 202614.00
Aug 31, 202614.00
Jul 31, 202614.25
Jun 30, 202614.25
May 31, 202614.50
Apr 30, 202614.50
Mar 31, 202614.75
Feb 28, 202615.00
Jan 31, 202615.00
Dec 31, 202515.00
Nov 30, 202515.00
Oct 31, 202515.00
Sep 30, 202515.00
Aug 31, 202515.00
Jul 31, 202515.00
Jun 30, 202515.00
May 31, 202514.75
Apr 30, 202514.25
Mar 31, 202514.25
Feb 28, 202513.25
Jan 31, 202513.25
Dec 31, 202412.25
Nov 30, 202411.25
Oct 31, 202410.75

About the Selic target

Brazil’s Selic target, from the BIS policy-rate data set (WS_CBPOL, BR). Current: 14.00% on Sep 17, 2026. Since 1999 this is the overnight Selic target; earlier stretches splice other Banco Central do Brasil instruments.

The chart is a step at policy changes. From Jun 4, 1986 to Sep 17, 2026 (14,716 observations): mean 1674.34%, median 15.00%; low 2.00% (Aug 6, 2020), high 790799.14% (Feb 19, 1990). Not a mortgage or deposit rate. This page is not an official BIS publication.

Source: BIS central bank policy rates (WS_CBPOL), Brazil daily. Licence: BIS statistics: unrestricted reuse with attribution; inclusion must not add a charge to users. This page is not an official BIS publication (terms). Files: data/raw/bis-br-policy.json.

Reading this series

Brazil's Selic target is the policy rate set by the Banco Central do Brasil's Copom committee and is the anchor for the overnight interbank rate. This page uses the BIS central bank policy rate series for Brazil (WS_CBPOL), compiled with the Banco Central do Brasil, stored as dated level changes and drawn as daily steps from 1986. Since 1999 the series is the overnight Selic target; earlier stretches splice other central-bank instruments, which the BIS converts into a comparable policy measure. The target changes only at Copom decisions.

Read the headline with its as-of date, then the "versus the previous reading" line. When the target has been held, the page surfaces the date of the last actual move rather than zero changes. Mean, median, low and high are arithmetic summaries of the observations in this build, not official aggregates. Chart and Table show the same series two ways, the range buttons filter the drawn window, and Explore loads zoom and pan on request. The Selic target is a policy rate, not a mortgage or deposit rate, and this page is not an official BIS publication.

About this desk

The Canada desk leads with the Bank of Canada's target for the overnight rate, then CORRA, the Canadian Overnight Repo Rate Average. US, UK and other official rates follow in the menu. The target is a policy setting the Bank changes at fixed announcement dates; CORRA is a market benchmark calculated from repo transactions and published, not set, by the Bank. Keeping both on one desk shows the policy rate and the market rate it steers.

All series are read from official files and republished without alteration. As on the US desk, Canadian dates are written month-first. The build covers two Canadian series only; it does not publish a Canadian mortgage or deposit rate because none is ingested. Every desk shows the same set in a different order, so the numbers are identical whichever desk you use. Nothing here is financial advice.