U.S. Dollar Swap with Reset Referencing One-Day Repurchase Agreements | B3

U.S. Dollar Swap with Reset Referencing One-Day Repurchase Agreements

  • UnderlyingThe spread between the interest rate and the exchange rate variation: the interest rate calculated from the difference between the Referencing One-Day rates verified in the period between the trade date and the last trading day, and the exchange rate variation verified in the period between the business day preceding the trade date and the last trading day.
    TickerSCS
    Contract sizeUSD50,000.00 (fifty hundred U.S. Dollars) of Final Value.
    QuotationInterest rate, expressed as a linear percentage per annum, based on 360 calendar days, to two decimal places.
    Tick size0.001%.
    Last trading dayLast trading day preceding the expiration date.
    Expiration dateAs established by Central Bank.
    Contract monthsAs established by Central Bank.
    Settlement on expirationCash settlement.