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Glossario

Indexed units of account | Unità di conto indicizzate

The indexed units of account – units that are being used as an alternative currency in the countries with high inflation rate. Such units can be used for issuing of debt instruments such as bonds. These units are particularly widespread in the countries of Latin America.

Country Local designation Cbonds designation Index Short description
Argentina UVA UVA

UVA/ARS (BCRA);

USD/UVA

  
Inflation-linked unit
Colombia UVR UVR

UVR/COP (BANREP);

USD/UVR

Inflation-linked unit
Mexico UDI UDI

UDI/MXN (BANXICO);

USD/UDI

Inflation-linked unit
Uruguay UI UYI

UYI/UYU (BCU); USD/UYI

Inflation-linked unit
Uruguay UR UUR

UUR/UYU (BCU); USD/UUR

Unit that is linked to the average salary level
Chile UF CLF

CLF/CLP (BCENTRAL); USD/CLF

Inflation-linked unit
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