The deposit of collateral in the Clearinghouse must be in cash, substitutable by the following securities/instruments at the exclusive discretion of the Clearinghouse. The list of securities that are acceptable in substitution of currency is:

(i) Federal government bonds traded in Brazil (federal government bonds);
(ii) Gold as a financial asset;
(iii) Shares of a stock issued by a publicly-traded company listed on B3;
(iv) Certificates of deposit of shares of a stock (units) issued by a publicly-traded company listed on B3;
(v) American Depositary Receipts (ADRs) representing stocks eligible to be accepted as collateral;
(vi) Fixed-income securities issued by guarantee issuing banks:
(a) Bank certificates of deposit (CDs);
(b) Real Estate Letters of Credit (LCIs); and
(c) Agribusiness Letters of Credit (LCAs);
(vii) United States dollars;
(viii) US Treasury bonds;
(ix) German Treasury bonds;
(x) Bank letters of credit (LCs);
(xi) Exchange-traded fund (ETF) shares traded in Brazil;
(xii) Shares of the investment fund B3 Margem Garantia Renda Fixa Referenciado
DI Fundo de Investimento em Cotas de Fundos de Investimento (FIC);
(xiii) Investment Fund Clearinghouse Liquidity (FILCB) shares.