2026-03-26 | Resolução CMN 5290The National Monetary Council of Brazil, through the Central Bank of Brazil, issued Resolution No. 5290 to modify the mandatory resource compliance rules for the National Program for Strengthening Family Agriculture (Pronaf). The resolution establishes a specific sub-requirement percentage of 14.35% for the period from April 1 to June 30, 2026, replacing the standard MCR 6-2-10 rate. Additionally, it mandates that the Pronaf sub-requirement calculation for the 2025-2026 compliance period be based on the weighted average of the percentages applicable to each sub-period.
Resolução No. 4,699
The current text of the MCR can be found at the following website: www3.bcb.gov.br/mcr.
CMN RESOLUTION NO. 5,290, OF MARCH 26, 2026
Alters the sub-requirement percentage of resources for the National Program for Strengthening Family Agriculture – Pronaf, within the scope of mandatory resource compliance (MCR 6-2), with application in the months of April, May, and June of the 2025-2026 compliance period.
The Central Bank of Brazil, in accordance with Art. 9 of Law No. 4,595, of December 31, 1964, makes public that the National Monetary Council, in a session held on March 26, 2026, considering the provisions of Art. 4, caput, items VI and VIII, of the aforementioned Law, and of Arts. 4 and 21 of Law No. 4,829, of November 5, 1965,
RESOLVES:
Art. 1 The Section 8 (Transitional Norms) of Chapter 6 (Resources) of the Rural Credit Manual – MCR shall be in effect with the following alterations:
“35 - Exceptionally, during the compliance period starting on the first business day of July 2025 and ending on the last business day of June 2026, the Pronaf Sub-requirement percentage of 14.35% (fourteen and thirty-five hundredths percent) must be applied from April 1 to June 30, 2026, in substitution for the percentage referred to in MCR 6-2-10.” (NR)
“36 - For the compliance period starting on the first business day of July 2025 and ending on the last business day of June 2026, the calculation of the Pronaf Sub-requirement shall be performed based on the weighted average of the percentages applicable to each period.” (NR)
Art. 2 This Resolution enters into force on the date of its publication.
GABRIEL MURICCA GALÍPOLO President of the Central Bank of Brazil