Brazil DI interest rate futures rise across contracts

Brazilian interest rate futures opened higher on Wednesday, September 23, 2026. The move reversed previous gains amid a worsening global risk sentiment, driven by higher oil prices and a lack of developments regarding a deal between the United States and Iran.

Around 9:35 a.m., the interbank deposit rate (DI) for January 2027 rose from 13.53% at the previous settlement to 13.54%. The January 2028 contract climbed from 13.485% to 13.535%.

Longer-dated maturities also posted advances. The January 2029 DI contract rose from 13.67% to 13.74%, while the January 2031 contract advanced from 13.865% to 13.935%.

Throughout the session, market participants monitored the electoral environment, international developments, and scheduled remarks by Nilton David, monetary policy director at the Central Bank of Brazil, at a Banco Safra event.