Abstract
In the good old days, when the overnight rates were 2% a day, losing one day of interest in your calculation was a very serious business. Understanding how Brazil’s Day Count calculations work, and knowing the different calendars, business days standards and fixings is critical for anyone using Brazilian financial instruments and references.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Author information
Authors and Affiliations
Copyright information
© 2016 Marcos C. S. Carreira and Richard J. Brostowicz
About this chapter
Cite this chapter
Carreira, M.C.S., Brostowicz, R.J. (2016). We Mean Business. In: Brazilian Derivatives and Securities. Palgrave Macmillan, London. https://doi.org/10.1057/9781137477279_2
Download citation
DOI: https://doi.org/10.1057/9781137477279_2
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-137-47726-2
Online ISBN: 978-1-137-47727-9
eBook Packages: Business and ManagementBusiness and Management (R0)