Direct Treasury Bond for retirement exceeds R$ 1 billion in stock

In the first five months of operation, purchases totaled R$ 870.9 million. The difference between this value and the stock exceeding R$ 1 billion is due to the yield of these securities in the financial market.

More than 52,000 investors bought RendA+, of which 24% (12,300) entered the Treasury Direct program exclusively because of the new securities. Each investor has, on average, R$ 1,000 in bonds.

According to the National Treasury, the securities preferred by investors up to July 3 were those maturing in 2030, the shortest, with R$374.3 million in settled purchases (36% of the total). Then come the papers maturing in 2035, with R$192.1 million (19% of the total), and those maturing in 2065, the longest, with R$133.2 million (13% of the total).

In the breakdown by age group, two groups stand out: between 25 and 39 years old (50% of the number of investors) and between 40 and 59 years old (40% of the total). Investors over 60 represent only 3%. Among the youngest, the group of 19 to 24 years old is responsible for 6% and under 18 years old, for 2% of the total number of investors in the product.

When divided by stock value, instead of the number of investors, the age group between 40 and 59 concentrates 64% of all RendA+ stock. By gender, 64% of titles were acquired by men and 36% by women.

Complement

With an initial value of R$ 30, RendA+ is offered by the Treasury Direct, a program for the sale of public securities to individuals over the internet. The paper allows the investor to plan a retirement date and receive an extra monthly income for 20 years. The amount invested will be corrected monthly by inflation plus an interest rate that varies according to economic conditions, guaranteeing the investor’s purchasing power.

The amount invested will always be returned in 240 monthly installments that will amortize all the money invested in the product. The National Treasury expects the adhesion of up to 3 million workers, which would expand the public of the Direct Treasury to around 5 million investors.

Accumulation

The capital accumulation period, equivalent to the life of this security, is seven to 42 years, depending on the maturity chosen by the investor. There are eight maturity dates for the security, from January 15, 2030 to January 15, 2065, always with five-year intervals between one security and another (2030, 2035, 2040, 2045, 2050, 2055, 2060 and 2065).

The National Treasury clarifies that public bonds will work as a complement to retirement and will not replace the pension scheme by distribution of the National Social Security Institute (INSS) or the special pension scheme for civil servants.