Regulatory Alerts2020-06-18 | Resolução CMN 4827Resolution CMN No. 4827 - Defines the Agricultural Credit Interest Rates (TCR) to be applied to operations contracted from July 1, 2020
The National Monetary Council, via the Central Bank of Brazil, issued Resolution CMN No. 4827 to establish updated effective interest rates for agricultural credit operations contracted from July 1, 2020. The resolution amends the Rural Credit Manual to set specific fixed and post-fixed rate caps for various programs, including Pronaf, Pronamp, and BNDES-funded initiatives, while also defining calculation methodologies and credit limits. These changes regulate financial charges for mandatory resources, rural savings, and specific agricultural sectors to align with current economic conditions.
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