RegAlert

Rule · BCB · 16 Oct 1986 · Circular 1078

Circular No. 1078 — Authorizes Repo Operations Involving Securities Not Registered in SELIC or CETIP

securities

The Central Bank of Brazil authorizes repurchase agreements (repo operations) to include non-registered debentures, real estate notes, exchange bills, and bank deposit certificates issued prior to March of the current year. This authorization applies to securities that are operationally excluded from registration in the CETIP custody system. The regulation takes effect upon publication and remains valid until registration in CETIP becomes possible.

BrazilBanco Central do Brasil

CIRCULAR N. 001078

We communicate that the Board of Directors of the Central Bank of Brazil, in a session held on 15.10.86, in view of the content of item III of Resolution No. 1,088, of 30.01.86, as well as Article 32 of the Regulation annexed to the aforementioned Resolution, decided to clarify that repo operations may involve the following securities, not registered, for operational reasons, in the Securities Custody and Financial Clearing Center (CETIP):

a) debentures and real estate notes;

b) exchange bills and bank deposit certificates issued prior to March of the current year.

  1. This Circular will enter into force on the date of its publication, remaining in effect until it becomes possible to register the aforementioned securities in CETIP.

Brasília-DF, October 16, 1986

Luiz Carlos Mendonça de Barros
Director

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Annotations and obligations
1 permission · 3 definitions
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  • Definition / condition 3
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Lineage: Superseded

A newer document in RegAlert replaces this one.

Resolution No. 1088 dated1986-01-30Not in RegAlertResolution No. 1088 dated 1986-01-30 — Not in RegAlertCircular No. 1078 — AuthorizesRepo Operations Involving Sec…1986-10-16 · this documentCircular No. 1078 — Authorizes Repo Operations Involving Securities Not Registered in SELIC or CETIP (1986-10-16)Resolution CMN No. 1779 —Establishes the obligation to reg…1990 · BCBResolution CMN No. 1779 — Establishes the obligation to register in the Special Settlement and Custody System (SELIC) and the Securities Registration and Financial Settlement System (CETIP) (1990-12-20)
amendssupersedesissued underrefers todashed card: not in RegAlert (or proposed)arrows run from the older text to the one that changes it
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Superseded by
Issued under
  • Resolution No. 1088 dated 1986-01-30Not in RegAlert

    “in view of the content of item III of Resolution No. 1,088, of 30.01.86, as well as Article 32 of the Regulation annexed to the aforementioned Resolution”

Timeline

Amended 1 time · last 1990-12-20

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