the Liquidation of Markets service (LIM, in Spanish) transactions effected in
Costa Rica’s stock exchange are liquidated, whether they be from the primary
or the secondary market. The National
Stock Exchange (Bolsa Nacional de Valores, S.A., BNV) is the only
stock exchange operating in the country. The BNV is the country’s body
charged with liquidating operations in the various markets it sponsors.
delivers through LIM a multilateral net settlement agreement of securities
and cash, so that operations may be liquidated into the accounts that both
custodian and liquidator entities keep with Banco Central de Costa Rica.
are liquidated by SINPE through the Interbank Liquidation System (SIL, in
Spanish). This system records movements in the Book Entry System (ACV) for
the securities result, and Administration of SINPE Account (ACS) for the cash
securities, always applying the principle of delivery v payment.
where primary market liquidation includes public debt bonds recorded in the
book entry system, the issue of bonds is recorded in the RDE service.