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Offer to buy BRAZIL LTNs - Alex Rolex Joias
PRIVATE PLACEMENT PROGRAM USING BRAZIL LTN AS COLLATERAL. General: Traders use Brazil LTNs as collaterals in Private Placement Programs. The LTN may be: a) Repactuated, under control of Bacen and blocked by Bacen in favor of the Trader’s custodial bank (less used now as Bacen is unreliable). b) Deposited on a bank (securities account) outside …