Announcement
29 Oct 2025
In October 2025, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) announced a public call to invest up to BRL 1 billion in index funds (ETFs).
Source
Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
Implementation date
29 Oct 2025
Revocation date:
31 Dec 2026
Recent update from 13 Mar 2026:
On 13 March 2026, the Brazilian National Bank for Economic and Social Development (BNDES) announced the five selected exchange-traded funds (ETFs) under a BRL 1 billion Public Call announced in Oct...
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