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 New Zealand desk is the deepest in the build: it leads with the RBNZ Official Cash Rate, then the floating first-mortgage rate, the 90-day bank bill and the six-month term deposit, followed by peer official rates. The OCR is a policy rate; the mortgage and deposit rates are RBNZ retail survey averages, and the bank bill is a wholesale market yield. Together they show the policy setting and the rates New Zealanders actually face, all from central-bank tables.

All desks carry the same series in a different order, so the numbers do not change when you switch. Values are republished from RBNZ files with attribution and without alteration. The mortgage and deposit figures are survey averages, not offers, and they lag changes in the OCR. Nothing here is financial advice, and readings may lag their source.