Brazil fixed-income guides spotlight Tesouro Direto and BTG Pactual picks

InfoMoney released a free guide called “Mapa do Tesouro” to help Brazilian investors navigate the Tesouro Direto program. The guide explains the differences between Tesouro Selic, Prefixado and IPCA+ bonds and offers step‑by‑step advice for beginners, emphasizing the appeal of public‑sector securities in a high‑interest‑rate environment.

BTG Pactual published a recommended portfolio of seven inflation‑beating, tax‑exempt fixed‑income assets. The list includes debentures from Autopista Litoral Sul, Equatorial Goiás, Metrô Rio and Rialma, as well as several CRA instruments. The bank removed a Brava Energia debenture from the list due to limited supply, but maintains a positive outlook for the remaining securities.