To encourage the formation of savings, the government made changes in Treasury Direct, a program that allows individuals to invest in government bonds. In addition to creating an app for smartphones, changes were made in order to monitor investments and redemption schedules.
The information was released on Thursday (1) the Secretary of the Treasury, Ana Paula Vescovi. According to her, the changes leave the most transparent and democratic program.
The Treasury Direct application will be available from this Saturday (3) and is a free tool. At first, you can download only for Android platforms. Later, all the others will have access to the program.
Redemptions hours The was also expanded. Currently, you can withdraw money from 18h to 5pm on weekdays, and full-time on weekends and holidays. With this update, redemptions start to be open from 9:30 am to 18h on weekdays.
From now on, investments and redemptions will be processed with the prices and rates available at the time of the transaction. Only when these transactions occur between 18 pm and 5 am and over the weekend, the settlement will be made with the price of the next business day.
Anyone who wants to receive information and monitor the flow of transactions via message, simply register the phone at the Treasury Direct website and the data will be sent via SMS. The information provided is related to operations, extract and notifications on collection of fees.
From day 3 there will also be a new statement, with clearer and more didactic format. It will also monitor a graph with the evolution of investments. "It created a new statement to allow follow the fluctuations in the financial market. This makes your decision making. It's a transparency criteria, "explained the secretary.