The report found that an old topic was back on the agenda at a meeting between market “traders” and the Treasury this week in Sao Paulo. value. As National Treasuries – Series Cs (NTN-Cs) have lost relevance and liquidity in recent years, there are requests from institutions for Treasurys to provide some sort of outlet for the paper, as Treasurys have already reported difficulty pricing these IGP-M-linked securities, due to lack of demand. Among the ideas proposed is the idea of holding a stock exchange auction – a process that the Treasury Department has not implemented for some time, and does not seem convinced to implement at the present time.
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