COE discussions herald onshore structured products market in Brazil

Stepping onshore

brazil-flipflops

The Brazilian structured products market could be transformed by rules that would create a new form of structured notes - supplementing existing structures that tend to be offered in swap or fund format - according to market participants.

Structured products professionals say that dialogue between the industry and the Banco Central do Brasil (BCB) is nearing fruition, with some suggesting the rules will be finalised in the final months of this year. Others caution that this is optimistic and for

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