Presentation
The B3 Live Cattle Futures Index (IFBOI B3) is the result of a theoretical portfolio of futures contracts calculated in accordance with the Index’s methodology.
Purpose
The purpose of the B3 Live Cattle Futures Index is to be an indicator of the total return on a theoretical portfolio comprising the first contract month of the Live Cattle Futures Contracts (BGI) with monthly rollover and the cash invested in assets indexed to the one-day DI rate or overnight Selic rate.
About publishing the index
The index follows a new agile methodology and will be available to the market through tables on the Indices on Demand page.