On May 26, BRZ CB has reduced the minimum maturity period
BRZ CB issued Resolution 5.215 to amend Resolution 4.410, of 2015, re real estate credit letter (LCI), and Resolution 5.006, of 2022, re Agribusiness Credit Letter (LCA).
Highlights
The National Monetary Council (CMN) has reduced the minimum maturity period for LCAs and LCIs issued without provision for price index updates from 9 to 6 months.
Considering relevance of securities for financing real estate, agribusiness segments.
Aiming to ensure the raising of resources in a sustainable manner for these segments.
Additionally, CMN promoted specific adjustments to the rules governing securities, with a view to providing greater clarity and security to financial market participants.
Effectiveness
Amendments to section in Article 4 of Resolution 4.410 and to section in Article 2 of Resolution 5.006, come into force as of the date of publication of Resolution 5.215.
Other provisions of Resolution 5.215 shall come into force on Aug. 1, 2025.
Regulators
BRZ CB
Entity Types
B/D; Bank; CU; IA; Inv Co
Reference
OG, 5/26/2025; PR, Res 5.215, 5/22/2025
Functions
Financial; Operations; Reporting; Risk; Treasury
Countries
Brazil
Category
State
N/A
Products
Banking; Deposits; Forex; Fund Mgt; Loan; Payments
