Securities trading - Uruguay
Key market-tradable securities
Denomination currency | Maturity profile | Interest rate | Interest/Dividend payment frequency | Place of settlement | Form | |
Government debt securities | ||||||
Letras de Tesorería | USD | 180, 360 or 720 days | discount | - | BCU | book-entry |
Bonos del Tesoro | USD | 7 to 10 years | variable LIBOR for 6 to 12 months + margin | semi-annual | BCU | book-entry |
Certificados IPCa/BHUb | UYU/ URc | up to 360 days | variable (IPC + margin) | semi-annual | physical (bearer) | |
Corporate securities | ||||||
Certificados de Bancos Comerciales | UYU, USD | 30, 60, or 90 days | fixed | at maturity | physical (bearer) | |
Obligaciones Negociables | USD | 1 to 5 years | LIBOR for 6 months + margin | semi-annual | physical (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.