Fixed Income Market Growth

The income market Fixed investment in Brazil has experienced remarkable growth, reaching the 100 million investor mark with a volume exceeding R$2.9 trillion.

In this article, we will explore the factors that drove this expansion, including the role of investment platforms, the influence of the macroeconomic scenario and the Selic rate, as well as the contributions of real household income and savings.

We will also address the challenges facing the sector, such as the low average ticket and inequality in income distribution, and outline forecasts for the future, especially regarding investment diversification in 2026.

Current Overview of the Fixed Income Market in Brazil

The fixed income market in Brazil demonstrates a significant expansion, with the number of investors surpassing the mark of 100 million.

This growth is accompanied by an increase in financial volume, now exceeding R$ 2.9 trillion, representing a 20% jump between the second quarter of 2024 and 2025. This advance is a direct consequence of the development of investment platforms and a macroeconomic scenario that favors the attractiveness of fixed income.

The stability of the Selic rate at 15% drives the migration of investors to conservative instruments in the face of fiscal and geopolitical uncertainties.

Furthermore, the increase in real household income and the lower competitiveness of savings expand this movement.

Although the number of investors has grown, the average ticket is still low, according to experts.

For this metric to rise, a more robust economy and better income distribution will be necessary.

According to projections for 2026, the reduction in the basic interest rate is expected to promote greater investment diversification, encouraging investors to seek alternatives with more attractive returns.

Fixed Income Market Dynamics and Projections

The fixed income market in Brazil has experienced significant growth, driven by factors such as the stabilization of the Selic rate at 15%, which makes conservative investments more attractive amid a scenario of fiscal and geopolitical uncertainty.

Despite this growth, the market faces structural challenges, such as the still low average ticket and the need for a more equitable income distribution.

The outlook up to 2026 indicates that a possible reduction in the basic interest rate could encourage greater diversification in investments, with investors seeking alternatives that offer more attractive returns.

Factors Driving Market Growth

O favorable macroeconomic scenario and the advancement of digital platforms revolutionized fixed income in Brazil between 2024 and 2025. With the Selic rate stabilized at 15%, investors opted for safer instruments during times of fiscal and geopolitical uncertainty.

To the digital investment platforms, such as that offered by B3 Fixed Income Investments, have become vital, providing accessibility and practicality.

Among its benefits:

• Accessible digital platforms.
• Robust technological infrastructure.
• Various financial instruments.

Furthermore, the increase in real household income contributed to the migration to conservative alternatives, attracting 100 million new investors.

Meanwhile, the prospect of a declining benchmark interest rate promises diversification.

Impact of the Stabilized Selic Rate in 15%

The maintenance of Selic rate at 15% had a significant impact on the fixed income market in Brazil.

This macroeconomic scenario, marked by migration to conservative instruments, is driven by an environment of fiscal and geopolitical uncertainty.

Many investors, seeking stability, prefer the security offered by securities such as Selic Treasury and CDBs.

This trend is corroborated by the continued growth in the number of fixed income investors, demonstrating the attractiveness of these assets in times of high interest rates and less competitive savings.

Increase in Real Income and Lower Competitiveness of Savings

The increase in real family income combined with the decline in the attractiveness of savings has led to a sharp increase in the adoption of fixed income investments in Brazil.

Wage gains above inflation and the stabilization of the Selic rate at 15% make fixed income an advantageous choice over time.

Furthermore, the growing availability of investment platforms favors this migration, providing a more accessible and simplified experience for investors.

The demand for security and consistent returns in the face of economic uncertainty makes fixed income an increasingly preferred option.

Persistent Challenges: Average Ticket and Income Distribution

The fixed income market in Brazil faces structural challenges related to low average ticket, highlighting income concentration as a limiting factor.

Experts point out that the need for a more robust economy is essential to mitigate this obstacle, since an unequal distribution of income results in lower investment capacity.

The concentration of wealth presents barriers to the growth of the average ticket, negatively affecting the attractiveness of the market.

For solutions, it is crucial to consider broad economic intervention and reforms that improve income distribution.

See more about the impact of inequality in the economic market.

Outlook for 2026: Investment Diversification

With the expectation of a reduction in the Selic rate in 2026, investors should diversify their portfolios in search of more attractive returns.

This movement occurs due to the prospect of lower returns on fixed income.

According to ANBIMA predicts adjustment of the Selic rate, the scenario appears favorable for the search for varied assets that compensate for the decrease in traditionally safe gains.

Scenario	Expected effect
Selic Drop	Search for varied assets

Furthermore, the diversification drives protecting portfolios against economic uncertainties, favoring the inclusion of shares and multimarket funds.

Try to understand these strategies.

This movement reflects a bolder, but necessary, scenario in the face of dynamics of a changing market.

In summary, the fixed income market in Brazil is on the rise, but faces significant challenges.

The future promises opportunities for diversification, especially with the expectation of lower interest rates, but a more robust economy and better income distribution will be essential to sustain this growth.