Treasury cancels fixed-rate and inflation-linked bond…

In brief

The Treasury canceled this week fixed-rate and inflation-linked auctions.

The LFT auction was kept.

Verified fact · material
The National Treasury canceled the October 29 fixed-rate bond auction and the October 27, 2026 inflation-linked bond auction.
Cancellation.
Sources[01][02]
Verified fact · material
The Selic-linked (LFT) auction scheduled for October 27 was kept, and the Treasury said it will keep monitoring market conditions.
LFT.
Sources[01][02]
Verified fact
According to CNN Brasil, the statement does not state the reason for the cancellation.
Reason.
Sources[01]
Verified fact
According to InfoMoney, the decision came after Lula victory and the rise in interest rate futures.
Context.
Sources[02]

Transmission to assets

The Treasury avoids selling bonds at very high rates but delays funding and may need to make up later.

Juros futurosuncertain

Less supply eases but signals stress.

Stress persists.

What would change the view: Market calms.

rates30% confidence

Direction is an explanatory hypothesis, not a forecast or recommendation.

Next signals

Limits of the reporting