Securities trading - Uruguay

29.08.2012

Key market-tradable securities

Denomination currencyMaturity
profile
Interest
rate
Interest/Dividend
payment frequency
Place of settlementForm
Government debt securities
Letras de TesoreríaUSD180, 360 or 720 daysdiscount-BCUbook-entry
Bonos del TesoroUSD7 to 10 yearsvariable LIBOR for 6 to 12 months + marginsemi-annualBCUbook-entry
Certificados
IPCa/BHUb
UYU/
URc
up to 360 daysvariable
(IPC + margin)
semi-annualphysical (bearer)
Corporate securities
Certificados de Bancos ComercialesUYU, USD30, 60,
or 90 days
fixedat maturityphysical (bearer)
Obligaciones NegociablesUSD1 to 5 yearsLIBOR for 6 months + marginsemi-annualphysical (bearer)

a. Indíce de precios al consumidor.
b. Banco Hipotecario del Uruguay.
c. Unidad Reajustable.

Tradable platforms

Established in 1994, BEVSA is an electronic stock exchange. Trading occurs via PC electronic link Monday to Friday. Foreign exchange, government and corporate debt can be negotiated.