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Brazil Long Term Interest Rate TJLP

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BZTJLP:IND
6.50
0.00
0.00%
Previous Close
6.50
52Wk Range
5.00 - 6.50
Previous Close
6.50
52Wk Range
5.00 - 6.50
Profile
Brazil TJLP (Taxa de Juros de Longo Prazo) is taking into consideration inflation target and risk premium according to the following formula: TJLP = [(Y0x6months+Y1x6months)/2months]+R Y0 = Inflation target set by CMN for the current year Y1 = Inflation target set by CMN for the following year R = Risk premium, which incorporates international real interest rates and a component of Brazil risk for medium and long term perspectives. CMN (Conselho Monetario Nacional) = National Monetary Council Rate is published on a quarterly basis and is valid for the 3-month period after initial publication.
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