# Tag: CDI

- [Only four Brazilian stocks beat fixed income in each of the past 5 years](https://brazilstockguide.com/insights/brazilian-stocks-beat-fixed-income-five-years/) (2026-07-28): Sabesp, Copel, Cemig and TIM outperformed the CDI, Brazil’s benchmark interbank rate and the main reference for local fixed-income returns, in every annual period analyzed by Elos Ayta.
- [GPA Secures €75 Million Rabobank Loan to Extend Debt Maturities](https://brazilstockguide.com/insights/gpa-secures-e75-million-rabobank-loan-to-extend-debt-maturities/) (2025-11-27): Brazilian retailer hedges entire amount to reais and pushes amortization to 2028 as part of broader refinancing effort.