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 United States desk leads with the effective federal funds rate, the market average published by the Federal Reserve and republished here from FRED. Bank Rate, the ECB deposit facility, Australia's cash rate and Canada's overnight rate follow in the menu, with the remaining official series after them. Every desk shows the same series in this build; the desk only changes the order and the wording, so the federal funds page carries the same data whether you arrive from /us/ or the hub. The US desk is also one of the two whose dates are written month-first.

The figures are read from official files and republished without alteration. Fed funds is a market rate set inside the FOMC's target range, not a rate the central bank fixes; the target range itself is not published on this site. Nothing here is advice, and readings may lag their source.