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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
BrazilBrazil 6-Month LTN Auction fell to 14.54% in February 2025
FMPMonthlyReleased March 2025
Brazil 6-Month LTN Auction fell to 14.54% in February 2025, released March 2025, down 0.06% from January's 14.6% reading.
Latest Release
14.537000
Actual
—
Consensus
14.598000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| USD/BRL | ▼ Inverse | −0.50 | FOREX | Bullish BRL | → View |
| EUR/USD | ▲ Direct | +0.30 | FOREX | Watch | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Watch | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Watch | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
6-Month LTN Auction (Brazil) was reported at 14.54% in February 2025. The reading fell from the previous value of 14.6%.
WHY IT MATTERS
The trailing three releases averaged 14.53%, up from the prior three at 13.1%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with USD/BRL (Bullish BRL). A secondary relationship exists with BTC/USD, positively correlated (Watch).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Unemployment Rate (May 28) and Gross Domestic Product YoY (May 29).
Auto-generated from current model state · Refreshes on each release · Last update March 2025.
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6-Month LTN Auction - BR
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About 6-Month LTN Auction — Brazil
DEFINITION
The 6-Month LTN Auction is a financial indicator that measures the demand for short-term government bonds with a maturity of 6 months. It is used by investors and analysts to assess the current market sentiment and gauge the level of confidence in the economy. The auction results provide valuable insights into the overall health of the financial market and can impact interest rates and bond yields. This indicator is closely monitored by financial institutions and policymakers as it reflects the level of investor confidence in the government's ability to meet its financial obligations.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Mar 2025): actual 14.54 %. Prior reading (Mar 2025): 14.6 %. Before that (Feb 2025): 14.45 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook diverging from that direction. The 1-month and 3-month horizons disagree, suggesting a mixed signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with USD/BRL (Bullish BRL, r=-0.50) — a useful reference for forex-focused traders.