 Contracts and constant real value non-monetary items accounted in daily indexed units of account, Daily CPI or monetized daily indexed units of account incur no inflation or deflation risk, as the real value of payments and outstanding capital amounts remain constant over time while the nominal values are inflation- or deflation-indexed daily.Indexation is typically achieved by adjusting payments and outstanding capital as well as interest values using a Daily consumer price index or a monetized daily indexed unit of account.A monetized daily indexed unit of account, called the Unidad de Fomento was introduced in Chile in 1967, but it was only in the early 1980s that it was widely adopted by both the Chilean people and the Chilean government.