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The Tesouro RendA+ bond simplifies investments and guarantees an extra future income in a very straightforward manner

 

Tesouro RendA+ is the fantasy name for the NTN-B bond, series 1, which was created by Decree No. 11,301/2022.

These types of bonds are focused on the very long term and act as an extra retirement fund.

Those who invest in the Tesouro Direto RendA+ bond can receive 240 monthly payments with amounts adjusted for inflation and profitability above it, thus ensuring the investor’s purchasing power.

 

 

Tesouro RendA+ is yet another delivery from the partnership between STN, B3 and SPrev. It is an investment product focused on investors wishing to save money for retirement and receive monthly payments over a 20-year period as an additional social security retirement benefit.

There is no limit on the purchase of different RendA+ bonds and investors may buy as many bonds as they wish from different dates, limited to BRL1 million monthly.

 

 

 

Tesouro RendA+ bonds carried to maturity have no custody fee. Investors who earn up to six minimum wages monthly will be exempt from custody fee. If they exceed this amount, a fee of 0.10% per year will be charged.

If the investor withdraws the investment before the maturity date, custody fee collection will be regressive as per the values below:

0-10 years redemption - 0.50% per year

10-20 years redemption - 0.20% per year

Over 20 years - 0.10% per year

Maturity date - 0.00%

 

 

At first, there will be eight conversion date options available for investors to receive extra retirement income from Tesouro RendA+ bonds:

  • 2030
  • 2035
  • 2040
  • 2045
  • 2050
  • 2055
  • 2060
  • 2065

 

 

Tesouro RendA+ bonds will begin trading on January 30, 2023.

As of that date, a simulator designed to calculate the extra future income and how much investors should save to guarantee the amount will be available on the Tesouro Direto website.

 

Timeline

  • Go-live

    Available to the market

Technical details

  • Catalog changes

    No catalog changes

  • Main systems

    Tesouro Direto System (list of bonds).

  • Main related functions

    No functions impacted

  • Certification roadmap

    No impact

  • What is the Sinacor version?

    No impact