Rule · BCB · 23 Jul 1992 · Circular 2203
The Central Bank of Brazil authorizes institutions eligible for repo operations to conduct such transactions using debenture pledge certificates as the underlying asset. This authorization is established in Article 1 and supersedes Item I of Article 2 of Circular No. 1,967 of May 28, 1991. The circular entered into force on the date of its publication, July 23, 1992.
TO
INSTITUTIONS ELIGIBLE TO CONDUCT REPO OPERATIONS
AUTHORIZES THE CONDUCT OF REPO OPERATIONS WITH DEBENTURE PLEDGE CERTIFICATES AS THE OBJECT.
WE COMMUNICATE THAT THE BOARD OF DIRECTORS OF THE CENTRAL BANK OF BRAZIL, IN A SESSION HELD ON 22.07.92, BASED ON ART. 3, "IN FINEM", OF THE REGULATION ATTACHED TO RESOLUTION NO. 1,088, OF 30.01.86, DECIDED:
ART. 1. AUTHORIZE THE CONDUCT OF THE REPO OPERATIONS REFERRED TO IN THE REGULATION ATTACHED TO RESOLUTION NO. 1,088, OF 30.01.86, WITH DEBENTURE PLEDGE CERTIFICATES AS THE OBJECT.
ART. 2. THIS CIRCULAR ENTERS INTO FORCE ON THE DATE OF ITS PUBLICATION.
ART. 3. AS A RESULT OF THE PROVISIONS IN ART. 1, ITEM I OF ART. 2 OF CIRCULAR NO. 1,967, OF 28.05.91, IS REVOKED.
BRASÍLIA (DF), JULY 23, 1992
GUSTAVO JORGE LABOISSIERE LOYOLA
DIRECTOR
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“Circulars Nos. ... 2,203 of July 23, 1992”
“AS A RESULT OF THE PROVISIONS IN ART. 1, ITEM I OF ART. 2 OF CIRCULAR NO. 1,967, OF 28.05.91, IS REVOKED.”
“BASED ON ART. 3, "IN FINEM", OF THE REGULATION ATTACHED TO RESOLUTION NO. 1,088, OF 30.01.86”
Amended 1 time · last 1999-12-21
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