Brazil's Tesouro Direto records historic R$ 10.1 billion net issuance in June

The Brazilian government's retail bond platform reached a record net issuance of R$ 10.1 billion in June, driven by strong demand for Selic-indexed and inflation-linked securities. This surge in retail participation reflects a preference for high-yield, low-risk government debt amidst current monetary conditions. The data highlights a significant shift in domestic liquidity allocation toward federal fixed-income instruments.