DEBT MARKET

Question 1

Fixed income:

Answer 1

• Long term
• Bonds (corporate, gov)
• Medium term notes (Certificados bursatiles CEBURES)
• Trust certificates (CPOs: Certificados de Participación Ordinaria)

Question 2

Money Market

Answer 2

• Less than a year
  -Treasury bills: issued by gov
  -Commercial papers: issued by corporates
• Bank certificate deposits (pagares con rendimiento liquidable al vencimiento PRLV)
  -Bankers acceptance (aceptaciones bancarias): issued by corporates through financial institutions.