INTEREST RATES: CDB for 30 days closes at 13%/year

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SÃO PAULO, 11/19/08 - The interest rates on operations with pre-fixed Bank Deposit Certificates (CDBs) with volumes between R$1,000 and R$4,999.99 maturing in 30 days ranged from 9.35% to 13.50% a year. For operations above R$50,000, interest rates ranged from 12% to 13.60% a year, according to the survey conducted by InvestNews with six financial institutions.

The interest rates on pre-fixed CDBs reached 13% a year for contracts maturing in 30 days; 13.15% for 61 days; 13.30% for 90 days; 13.40% for 120 days; 13.70% for 180 days; 14.25% for contracts maturing in 362 days; and 14.95% for 720 days. In post-fixed CDB operations, the institutions presented rates of 70% to 105% of the Interbank Deposit Certificate (CDI).

The rates above are just a parameter, as each financial institution analyzes maturity, operation volume, and client's profile. The rates above do not include the income tax.

(Maria de Lourdes Chagas/cferreira - InvestNews)