Acciones & Valores incorporates Tuya's CDs into its investment portfolio and expands access to fixed income in Colombia
Brokerage firm Acciones & Valores Photo: Courtesy
TL;DR
- Acciones & Valores has incorporated Certificates of Deposit (CDs) into its investment portfolio in partnership with Tuya S.A.
- CDs will be available through Acciones & Valores' channels and the Trii app, expanding access to investments with known returns.
- The product allows investment in fixed terms (3, 6, 9, or 12 months) with a pre-agreed fixed rate.
- Rising interest rates due to inflation have increased interest in fixed-income instruments like CDs.
- Tuya S.A. acts as the issuer of the CDs, providing financial backing, while Acciones & Valores manages market expertise and distribution.
- Tuya emphasizes financial inclusion, making low-amount CDs accessible starting from 1 million pesos.
- CDs offer stability and clarity in returns, with known profitability, defined terms, and backing from a supervised entity.