Doria Sierra, CarlosÁlvarez Salcedo, Fran Miguel2022-03-262022-03-262022-03-25https://repositorio.unicordoba.edu.co/handle/ucordoba/5051International financial markets are witnessing a digital revolution, which demands dynamism and development, economies are increasingly aware of the importance of deepening their market so that they have developed a considerable number of opportunities to obtain capital and invest savers' surpluses. In addition to the instruments commonly traded in the market, there are operations with special characteristics, such as operation TTV which consist of a loan alternative, which gives the possibility of transferring securities from an originator to a recipient, with the commitment of the latter to make a retransfer; These operations are increasingly adopted by economic agents for offering enormous benefits in terms of liquidity, cost reduction, economies of scale, portfolio management, among others. For this reason, the current monograph is based on the analysis of the behavior TTV operations in Colombia during the 2019-2020 period, to recognize their evolution and growth opportunities; to comply with the proposed, first, the conceptual elements of the TTVs, their main characteristics, participants, types of operations and values to be transferred are identified; then the behavior of TTV operations in Colombia during the years 2019 and 2020 is exposed, considering the monthly volumes and their participation in the variable income market; finally, the behavior of these operations is compared during the two periods indicated, to recognize their evolution and growth. The type of descriptive research and the literature review technique was used for the collection and analysis of the information. Among the most representative findings, it was obtained that the country's TTV market has shown a slight evolution, but has ample opportunities for improvement, Transferencia Temporal de Valores en Colombia Durante 2019-2020 10 such as the amplitude of the participants, the increase in recurrence, and the amounts approved.Resumen .................................................................................................................................7Introducción..........................................................................................................................111 Objetivos............................................................................................................................141.1 Objetivo General.............................................................................................................141.2 Objetivos Específicos.....................................................................................................14Capítulo I..............................................................................................................................152 Principales Características Conceptuales de las Operaciones de Transferencia Temporal de Valores 152.1 Transferencia Temporal de Valores (TTV)....................................................................152.1.1 Tipos de TTV182.1.2 Principales Beneficios .................................................................................................182.1.3 Participantes ¡Error! Marcador no definido.2.1.4 Protección de Riesgos..................................................................................................222.1.5 Marco Jurídico y Condiciones.....................................................................................25Capítulo II.............................................................................................................................273 Comportamiento de las Operaciones TTV en Colombia Durante los Años 2019 y 2020.273.1 Comportamiento de TTV 2019.......................................................................................283.2 Comportamiento de TTV 2020.......................................................................................32Transferencia Temporal de Valores en Colombia Durante 2019-2020Capítulo III ...........................................................................................................................374 Comparativo del Comportamiento de las Operaciones de Transferencia Temporal de Valores en Colombia Durante los Años 2019-2020.............................................................375 Conclusión.........................................................................................................................456 Bibliografía........................................................................................................................47application/pdfspaCopyright Universidad de Córdoba, 2022Trabajo de grado - Pregradoinfo:eu-repo/semantics/openAccessAtribución-NoComercial-SinDerivadas 4.0 Internacional (CC BY-NC-ND 4.0)Préstamo de valoresTransferencia temporal de valoresMercado de capitalesInversiónAccionesSecurities lendingTemporary transfer of securitiesCapital marketInvestmentShares