Secondary Market of Public Bonds

Federal Public Bonds 09/06/2010
 
Nominal bonds National Treasury Notes - Serie F (NTN-F) - Rate (% p.y.)/252
SELIC Code Base Date/ Issurance Expiry Date Maximum Rate Minimum Rate Indicative Rates Unit Price (UP) Indicative Range
Minimum (D0) Maximum (D0) Minimum (D+1) Maximum (D+1)
950199 07/06/2007 01/01/2011 10.7200 -- 10.6959 1,015.105560 10.50 10.8038 10.4945 10.7998
950199 06/01/2005 01/01/2012 -- -- 11.4145 1,001.446962 11.17 11.6709 11.1381 11.6401
950199 07/06/2007 01/01/2013 11.7600 11.7000 11.7405 985.031788 11.54 12.0513 11.5150 12.0266
950199 05/05/2006 01/01/2014 -- 11.6300 11.7089 973.775190 11.45 12.0138 11.4245 11.9877
950199 09/03/2010 01/01/2015 11.6677 11.6084 11.6410 965.272160 11.35 11.9650 11.3224 11.9336
950199 01/05/2007 01/01/2017 11.5700 11.5100 11.5321 953.537461 11.25 11.9148 11.1776 11.8409
950199 02/05/2010 01/01/2021 11.7000 11.5000 11.6018 927.779197 11.28 12.0084 11.2181 11.9455
 
Summary of the methodology for calculating average rates 
 
- The methodology for assessing average rates tries to eliminate any observations that may be wrong and therefore might contaminate the average. 
- Institutions pertaining to the sample are required to provide three rates, namely: 
     * the maximum rate equivalent to the highest purchase rate referring to the expiry date; 
     * the minimum rate equivalent to the lowest sale rate referring to the expiry date;
     * indicative rates, which are equal to the rates assessed by the institution as referential business fair prices for each maturity date according to their individual curves on the relevant day of reference. 
- The data provided by the institutions generates two filters that establish inner intervals inside which the provided information must be contained. Any information outside the intervals is eliminated and not computed in the assessment of the averages. 
- In case the number of remaining information items after the publication of the above mentioned criteria still does not allow for the publication of rates toward certain maturities, the decision is to interpolate such series by using the Cubic Spline method. exception is made to LFT, which adopts the exponential method.
- The whole methodology is available from the Technical Superintendence or the ANBIMA website (www.anbima.com.br). 
 
ANBIMA: Main office: Av.República do Chile 230/13th floor,  Phone.(55 21)3814-3801;CEP 20.031-170 RJ and Av. Nações Unidas, 8501 - 11th and 21th floor, Phone.(55 11) 3032-3838;CEP 05425-070 SP.
INTERNET ADDRESS: www.anbima.com.br and www.andima.com.br
 

LTN  |   NTN-C  |   LFT  |   NTN-B  |  

msec_eng.xls - Click here for the Secondary Market spreadsheet

ms_eng_x.exe - Click here for the Secondary Market spreadsheet
To decompress the spreadsheet msec_eng.xls, execute the file ms_eng_x.exe in the Windows option 'Execute'.

ms_eng_t.exe - Click here for the Secondary Market text file.
To decompress the file msec_eng.txt, execute the file ms_eng_t.exe in the Windows option 'Execute'.