BM&F’s Sisbex Hits A Record R$ 49.2 Billion

On Friday, July 21st, BM&F’s Sisbex, an electronic trading system for securities, reached a record R$ 49.2 billion. Trades were carried out in two modalities: specific collateral repo and forward purchase and sale transactions.

Specific collateral repos are typical money market transactions. In these types of transactions, participants trade resources, in multiple values of a standard lot (R$ 100 million), for fixed term and rate, receiving as collateral government bonds.

Purchase and sale transactions of government securities via Sisbex can be spot or forward. Same day purchase and sale transactions can be carried out until 11:00, and are settled on the same day. Forward purchase and sale transactions are settled on a future date, as established between the parties, taking into account the maximum limit of 23 business days between the transaction date and the settlement date.

For further information about the Sisbex, click here.