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Brazil's central bank to hold first 2025 FX intervention on Jan. 20

BY Reuters | ECONOMIC | 06:01 PM EST

SAO PAULO, Jan 17 (Reuters) - Brazil's central bank will hold two line auctions with a total offer of $2 billion on Jan 20, it said in a statement on Friday.

Monday's intervention will mark the central bank's first extra supply of dollars in 2025. The line auctions will take place on the day that U.S. President-elect Donald Trump takes office.

(Reporting by Fabricio de Castro; Writing by Isabel Teles; Editing by Aida Pelaez-Fernandez)

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

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