B3 to Include Brazilian-Company BDRs in Ibovespa by H1 2027, Cap at 10%

B3 announced that BDRs of Brazilian companies will become eligible for the Ibovespa index starting in the first half of 2027, with total participation capped at 10%. The move follows market consultations and does not guarantee automatic inclusion; companies must still meet methodology criteria. This expands the index's eligible universe, potentially increasing demand for BDRs and affecting index composition.