Brazil Selic target

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 Switzerland desk leads with the SNB policy rate, from the BIS central bank policy rate series for Switzerland, then ECB, UK and US rates. The BIS series is the SNB policy rate from June 2019, the mid-point of the SNB's target range for the three-month Libor from 2000 to 2019, and the discount rate before that — stitched into one comparable series and drawn as daily steps. It is a policy rate, not a mortgage or deposit rate.

All desks show the same build-wide series in a different order, so switching desks changes the menu, not the figures. Values are republished with attribution to the BIS, and this page is not an official BIS publication. The build ingests no Swiss retail rate series, so none is shown. This is not financial advice, and readings may lag their source.