ANDIMA Monthly Report

A monthly analysis of the main highlights of the brazilian fixed income market in the recent period along with an interview with an authority or market participant about the subjects analyzed.

2008

• New reference standards for portfolios are debated in seminar   [ PDF | May/2008 ]
• Lessons from the subprime market crisis   [ PDF | April/2008 ]
• New IOF rate may adversely affect debt management   [ PDF | March/2008 ]
• A positive outcome: The Central Bank and Treasury performances   [ PDF | February/2008 ]
• Economic growth contributes to increase revenue in 2007   [ PDF | January/2008 ]

2007

• Credit expansion boosts economic activity   [ PDF | December/2007 ]
• ANDIMA submits to IOSCO expanded version of the study on conflict of interests in the primary market   [ PDF | November/2007 ]
• New challenges to liquidity are discussed at the 2nd Seminar on Fixed Income   [ PDF | October/2007 ]
• Debt management reduces Treasury risks   [ PDF | September/2007 ]
• International liquidity crisis causes volatility in the financial market   [ PDF | August/2007 ]
• Initiatives to improve transparency try to foster the securities market   [ PDF | July/2007 ]
• Foreign Investors’ demand contributes to the lengthening of the public debt term   [ PDF | June/2007 ]
• IMA family of indexes facilitates investors’ adaptation to new economic conjuncture   [ PDF | May/2007 ]
• CVM amends regulations governing Investment Funds   [ PDF | April/2007 ]
• Receivables funds gaining force as an innovative funding instrument   [ PDF | March/2007 ]
• The PAC (Growth Acceleration Program) considers long-term fiscal policy   [ PDF | February/2007 ]
• Government measures include modernizing tax management    [ PDF | January/2007 ]

2006

• Numbers confirm progress in public and private debt markets    [ PDF | December/2006 ]
• Survey analyses corporate debt market in Brazil    [ PDF | November/2006 ]
• Over the counter fixed-income market is the topic of discussion    [ PDF | October/2006 ]
• Reduction in interest rates creates an opportunity for private bonds    [ PDF | September/2006 ]
• Debentures Issue hit new record in 2006    [ PDF | August/2006 ]
• Debenture stock increases 22% in 2006    [ PDF | July/2006 ]
• Presence of foreigners improves the debt profile, but there are challenges to overcome    [ PDF | June/2006 ]
• Volatility marks second half of the month    [ PDF | May/2006 ]
• Improvement of domestic debt profile reduces external exposure    [ PDF | April/2006 ]
• New profile of debt increases effectiveness of monetary policy    [ PDF | March/2006 ]
• Measures affect profile of demand for federal government bonds    [ PDF | February/2006 ]
• Management of the public debt evolves in tune with foreign revenues    [ PDF | January/2006 ]