Rule · BCB · 5 Jun 1990 · Circular 1747
Short-term investment fund investments in National Treasury Bills may be counted toward the minimum limit set out in item 1, letter "a" of Circular No. 1.411 of 29 December 1988. The decision applies to the administering institutions of short-term investment funds and takes effect on the date of publication.
CIRCULAR N. 001747 ------------------ TO THE ADMINISTERING INSTITUTIONS OF SHORT-TERM INVESTMENT FUNDS ALLOWS THE COUNTING OF INVESTMENTS IN NATIONAL TREASURY BILLS FOR THE PURPOSE OF MEETING THE MINIMUM LIMIT REFERRED TO IN ITEM 1, LETTER "A" OF CIRCULAR N. 1.411 OF 29.12.88. WE INFORM THAT THE BOARD OF THE CENTRAL BANK OF BRAZIL, IN A SESSION HELD ON 31.05.90, HAVING REGARD TO THE PROVISIONS OF ITEM II OF RESOLUTION N. 1.199 OF 10.10.86, AND PARAGRAPH 1 OF ARTICLE 1 OF THE REGULATION ANNEXED TO THE AFOREMENTIONED RESOLUTION, DECIDED: ART. 1 THE INVESTMENTS OF SHORT-TERM INVESTMENT FUNDS IN NATIONAL TREASURY BILLS MAY BE COUNTED FOR THE PURPOSE OF MEETING THE MINIMUM LIMIT REFERRED TO IN ITEM 1, LETTER "A" OF CIRCULAR N. 1.411 OF 29.12.88. ART. 2 THIS CIRCULAR SHALL ENTER INTO FORCE ON THE DATE OF ITS PUBLICATION. BRASÍLIA (DF), 5 JUNE 1990 GUSTAVO JORGE LABOISSIÈRE LOYOLA DIRECTOR
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“THE INVESTMENTS OF SHORT-TERM INVESTMENT FUNDS IN NATIONAL TREASURY BILLS MAY BE COUNTED FOR THE PURPOSE OF MEETING THE MINIMUM LIMIT REFERRED TO IN ITEM 1, LETTER "A" OF CIRCULAR N. 1.411 OF 29.12.88.”
“HAVING REGARD TO THE PROVISIONS OF ITEM II OF RESOLUTION N. 1.199 OF 10.10.86, AND PARAGRAPH 1 OF ARTICLE 1 OF THE REGULATION ANNEXED TO THE AFOREMENTIONED RESOLUTION, DECIDED:”
“1,747, OF JUNE 5, 1990”
“...1,619, OF 03.23.90, 1,747, OF 06.05.90...”
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