Markets
Letters
An excellent alternative for short-term liquidity needs.
Letters
An excellent alternative for short-term liquidity needs.
Main features
Short term
They cover the government's short-term financial needs.
Fixed income and security
They allow for strategies that reduce or eliminate investment risks. They are secure due to their governmental backing and short-term maturity.
Liquidity
They are highly liquid, as they can be easily bought or sold before their maturity.
Risk
As they are backed by governments, they have minimal default risks, although they are susceptible to changes in interest rates or the economy.
