Financial Bills

Financial Bills

Financial bills originate from public offerings, including those held through Continuous Distribution Program (PDC) or with restricted distribution efforts, may be admitted to trading on the BM&FBOVESPA environment upon listing process.

The information and documents necessary for financial bill listing and issuer registration can be found in the section Fixed income.

Issuers and underwriters can count on the BM&FBOVESPA distribution services for their debenture public offerings. These services are available in packages and the choice of service level (i.e., the choice of one of the service packs) is a decision of the company and of the offer coordinators, according to the characteristics and objectives of the offer. Based on its technical and operational experience, BM&FBOVESPA may provide guidance on the most appropriate service. For instance: Package 1 without broker pool is often used in restricted offerings regulated by CVM Instruction 476, while Package 3 is usually used in offerings with extensive placement efforts governed by CVM Instruction 400, because they can rely on broker pool and other services.

Detailed information about the services available to issuers financial bills can be obtained on session: Fixed income.

Learn more about financial bills, please visit the session Products.

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