RegAlert2021-12-15 | Resolução BCB 175Added · Updated
BCB Resolution No. 175 — Regulates Central Bank of Brazil rediscount in intraday and one-business-day repurchase agreement mode with STR and SPI institutions
This resolution establishes the regulatory framework for the Central Bank of Brazil's rediscount operations in the form of intraday and one-business-day repurchase agreements for financial institutions holding Reserve Bank and Clearing Accounts within the STR system, and for those holding Instant Payment Accounts within the SPI system. It defines eligible federal public securities, sets pricing parameters based on the Selic rate, and outlines operational procedures, including automatic settlement for unsettled intraday STR operations and specific liquidity windows for SPI. The resolution revokes several prior resolutions and circulars, entering into force on January 3, 2022.
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RESOLUTION
BCB NO. 175, OF DECEMBER 15, 2021
Regulates the Central Bank of Brazil's rediscount in the intraday and one-business-day repurchase agreement mode, with financial institutions holding Reserve Bank Accounts and Clearing Accounts, within the scope of the Reserve Transfer System (STR), and the rediscount line for financial institutions holding Instant Payment Accounts (PI Account), within the scope of the Instant Payment System (SPI).
The Collegiate Board of the Central Bank of Brazil, in a session held on December 14, 2021, based on art. 10, item V, of Law No. 4.595, of December 31, 1964, art. 28, § 2, of Complementary Law No. 101, of May 4, 2000, and Law No. 10.214, of March 27, 2001,
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Lineage: In force
Source: Banco Central do Brasil — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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