- Security Type:Rate
Brazil Long Term Interest Rate TJLP+ Add to Watchlist
As of 17:20:48 ET on 03/27/2014.
Snapshot for Brazil Long Term Interest Rate TJLP (BZTJLP)
- BZTJLP:IND 5.00
Rate Profile Information for BZTJLP
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.