Reference
Plain-English definitions for the tickers, indices, rates, regulators, and currency codes that show up across BBI coverage. Built for investors decoding the Brazilian market.
$ABEV3
Ambev ordinary shares — beverage giant controlled by AB InBev.
$BBAS3
Banco do Brasil ordinary shares — state-controlled retail and corporate bank.
$BBDC4
Bradesco preferred shares — top-3 Brazilian private bank.
$EWZ
iShares MSCI Brazil ETF on NYSE — common proxy for foreign investors gaining Brazil equity exposure.
$ITUB4
Itaú Unibanco preferred shares — largest private bank in Latin America.
$PBR
Petrobras NYSE ADR (common shares) — foreign-listed equivalent of $PETR3.
$PETR3
Petrobras common shares (ON) on B3 — state-controlled integrated oil & gas major.
$PETR4
Petrobras preferred shares (PN) on B3 — most liquid Petrobras line, no voting rights.
$VALE3
Vale ordinary shares — world's largest iron ore producer, also a major NYSE ADR ($VALE).
CDI
Certificado de Depósito Interbancário — overnight interbank rate, dominant benchmark for Brazilian fixed income returns.
DI
Interbank Deposit (Depósito Interfinanceiro) — reference rate for the Brazilian rates curve.
IPCA
Brazil's official consumer price index (broad inflation), tracked by IBGE.
PIB
Produto Interno Bruto — Brazilian GDP.
ANBIMA
Brazilian Financial and Capital Markets Association — self-regulatory body for the asset management and fixed income industries.
B3
São Paulo stock exchange (Brasil, Bolsa, Balcão). Primary venue for Brazilian equities and derivatives.
BCB
Banco Central do Brasil — Brazil's central bank (monetary policy, FX, banking supervision).
Copom
BCB's Monetary Policy Committee — sets the Selic rate.
CVM
Comissão de Valores Mobiliários — Brazil's securities regulator (equivalent to the US SEC).