9Financial investments
|
Held for trading |
|
2017 |
|
2016 |
|
|
Investment fund quotas (i) |
|
138,945 |
|
95,504 |
|
|
Bank Deposit Certificate |
|
42,067 |
|
15,042 |
|
|
Repurchase agreements |
|
18,289 |
|
— |
|
|
Credit Rights Investment Funds |
|
5,053 |
|
4,682 |
|
|
Financial Treasury Bills |
|
1,123 |
|
4,270 |
|
|
Other |
|
1,070 |
|
— |
|
|
|
|
|
|
|
|
|
|
|
206,547 |
|
119,498 |
|
|
|
|
|
|
|
|
Investments in Brazil represent government and financial institution bonds, indexed to the interbank deposit rate.
(i)The shares held in the investment fund relate to a fund that is exclusively held by VSA and its subsidiaries and NEXA’s stake in this fund is 11% (2016: 8%). The composition of the investment fund’s portfolio is as follows (pro rata to the Company’s stake):
|
|
|
2017 |
|
2016 |
|
|
Repurchase agreements - Public securities |
|
131,999 |
|
60,803 |
|
|
Repurchase agreements |
|
5,900 |
|
20,797 |
|
|
Bank Deposit Certificate |
|
— |
|
13,009 |
|
|
Financial Treasury Bills |
|
1,046 |
|
891 |
|
|
Credit Right Investment Funds |
|
— |
|
4 |
|
|
|
|
|
|
|
|
|
|
|
138,945 |
|
95,504 |
|
|
|
|
|
|
|
|