Fixed Income

Different bonds and terms for those seeking safety and predictability.

Types of Fixed Income

CDB

Bank Deposit
Certificate

A private bond issued by financial institutions with a defined term and rate at the time of purchase. This bond is covered by the Credit Guarantee Fund for up to R$ 250,000 per issuer and per CPF.

LCA

Agribusiness
Credit Letter

A private bond issued by financial institutions with a defined term and rate at the time of purchase, backed by credit operations in the agricultural sector. It is exempt from income tax (IR) and the Financial Operations Tax (IOF) for individuals, and is covered by the Credit Guarantee Fund for up to R$ 250,000 per issuer and per CPF.

LCI

Real Estate
Credit Letter

A private bond issued by financial institutions with a defined term and rate at the time of purchase, backed by credit operations in the real estate sector. It is exempt from income tax (IR) and is covered by the Credit Guarantee Fund for up to R$ 250,000 per issuer and per CPF.

CRI e CRA

Real Estate Receivables Certificate
Agribusiness Receivables Certificate

A title that generates a credit right for the investor, with a defined term and rate at the time of purchase, but with the possibility of selling in the secondary market before maturity, backed by real estate credits (CRI) or agribusiness credits (CRA). Its yield is exempt from income tax and is typically post-fixed, linked to the CDI (Interbank Deposit Certificate).

Debêntures

Incentivized Debenture

A private credit instrument issued by companies seeking financing for their financial commitments. These securities can also be traded in the secondary market and are not subject to income tax on their earnings. Investing in a debenture is, in practice, lending money to a company with a specified term to receive your money back.

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