Bank Deposit Receipt

  • The product

    Fixed Income Asset for investment by individuals and corporations.

    With a predefined maturity, the RDB has remuneration established at the time of issue, either pre-fixed or post-fixed. Thus, at the end of the contracted term, the investor receives the applied amount (principal), plus the established remuneration.

    RDBs can be issued by multiple, commercial, development and investment banks, and credit, financing and investment companies. As a nominative and nontransferable security, it may not be traded on the secondary market. However, it can be redeemed with the issuing institutions before the contracted term, as long as the minimum investment period has expired. However, no remuneration is earned before the minimum term.