These are unleveraged rates, which mean that with 10 times leverage, for example, net of any exchange rate changes, the interest income would be that much higher.

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The IOF will be charged at the rate of 1% on the adjusted notional value, acquisition, sale or maturity of financial derivative contracts whose liquidation value is affected by exchange rate variations and result in increase of net short exposure in relation to the calculated end of the previous business day, within the same institution authorized to record derivative contracts.

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