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Global Trade Alert

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Brazil: BNDES announced public call to invest up to BRL 1 billion in index funds

Description

On 29 October 2025, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) announced up to BRL 1 billion (USD 187.3 million) to invest in five index funds (ETFs) focused...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

29 Oct 2025

Revocation date

31 Dec 2026

Implementation level

NFI

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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