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Rule · BCB · 29 Nov 1995 · Carta Circular 2601

Circular Letter No. 2601 — Establishes the percentages applicable to the equalization modality within the Export Financing Program - PROEX

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Sets the annual equalization percentages for PROEX export financing by repayment term, ranging from 2.0% for one-year financing to 3.8% for terms above nine and up to ten years. These percentages will be reviewed periodically, at least once every six months. The Circular Letter takes effect on the date of its publication and revokes Circular Letter No. 2,274 of 15.05.92.

BrazilBanco Central do Brasil

CARTA-CIRCULAR N. 002601

Establishes the percentages applicable to the equalization modality within the Export Financing Program - PROEX.

Having regard to the provisions of the sole paragraph of art. 1 of Resolution No. 2,214 of 29.11.95, we bring to the knowledge of interested parties the percentages applicable to the equalization modality within the scope of PROEX:

Financing with equalizable term:applicable percentage (% per year)
of 1 year2.0
above 1 and up to 2 years2.2
above 2 and up to 3 years2.4
above 3 and up to 4 years2.6
above 4 and up to 5 years2.8
above 5 and up to 6 years3.0
above 6 and up to 7 years3.2
above 7 and up to 8 years3.4
above 8 and up to 9 years3.6
above 9 and up to 10 years3.8

  1. The percentages indicated above shall be evaluated periodically, at least once every six months.

  2. This Circular Letter enters into force on the date of its publication.

  3. Circular Letter No. 2,274 of 15.05.92 is revoked.

Brasilia, November 29, 1995.

DEPARTMENT OF EXCHANGE

Jose Maria Ferreira de Carvalho
Head

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Annotations and obligations
1 obligation · 13 definitions
  • Obligation 1
  • Definition / condition 13
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Lineage: Superseded

A newer document in RegAlert replaces this one.

Resolution No. 2214 dated1995-11-29Not in RegAlertResolution No. 2214 dated 1995-11-29 — Not in RegAlertCircular Letter No. 2274 dated1992-05-15Not in RegAlertCircular Letter No. 2274 dated 1992-05-15 — Not in RegAlertCircular Letter No. 2601 —Establishes the percentages a…1995-11-29 · this documentCircular Letter No. 2601 — Establishes the percentages applicable to the equalization modality within the Export Financing Program - PROEX (1995-11-29)Circular Letter No. 2.843 —Establishes percentages applicabl…1999 · BCBCircular Letter No. 2.843 — Establishes percentages applicable to the interest rate equalization modality within the scope of the Export Financing Program - PROEX (1999-03-25)
amendssupersedesissued underrefers todashed card: not in RegAlert (or proposed)arrows run from the older text to the one that changes it
The links and the sentences they come from (3)
Superseded by
Supersedes
  • Circular Letter No. 2274 dated 1992-05-15Not in RegAlert

    “Circular Letter No. 2,274 of 15.05.92 is revoked.”

Issued under
  • Resolution No. 2214 dated 1995-11-29Not in RegAlert

    “Having regard to the provisions of the sole paragraph of art. 1 of Resolution No. 2,214 of 29.11.95”

Timeline

Amended 1 time · last 1999-03-25

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