Variable income is an asset in which the financial return cannot be calculated in the moment of the investment. It can vary according to market expectations.
Also mentioned was the cash inflow of BRL 4.8 billion from assets sold in 2021, including Refinery Landulpho Alves and shares at Petrobras Distribuidora.
The market also increased its 2022 forecast for the country’s benchmark interest rate. In today’s estimate, Selic was forecast at 12.25 percent a year, against last week’s 11.75 percent.
The day was also intense in the stock market. B3’s Ibovespa index closed out the day with a score of 110,124, down 3.05 percent. This was the sharpest daily decline since September 8, when the indicator had shrank by 3.78 percent.
The state-run giant further reported that 436.875 million shares were sold to 5,795 acquirors. The shares were priced at $5.12 each.