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 euro-area desk is the natural home for the two shared ECB series: the deposit facility rate, which is the euro-area policy rate set by the Governing Council, and €STR, the unsecured overnight market benchmark the ECB publishes but does not set. The Germany, France, Italy and Ireland desks point at the same two series; this desk presents them without a single country's framing.

The figures come from the ECB Data Portal and are republished with attribution under the ESCB statistics reuse policy. All desks show the same build-wide series in a different order, so the numbers here match the country desks exactly. The build does not include national retail or mortgage rates for euro-area members, because none is ingested. Euro-area policy is one setting for all members; the site does not invent a national rate. This is not financial advice.