- Security Type:Rate
Brazil Long Term Interest Rate TJLP+ Add to Watchlist
As of 03/14/2014.
Snapshot for Brazil Long Term Interest Rate TJLP (BZTJLP)
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.