Rule · BCB · 28 Sep 1995 · Circular 2623
The initial discount of 25% provided for in paragraph 1 of article 4 of Resolution No. 2203 of 28.09.95 is reduced to 0%. The circular takes effect on the date of its publication. It applies to the matters governed by that resolution of the National Monetary Council.
Reduces the initial discount percentage established in paragraph 1 of article 4 of Resolution No. 2203 of 28.09.95.
The Board of the Central Bank of Brazil, based on the provisions of paragraph 2 of article 4 of Resolution No. 2203 of 28.09.95, of the National Monetary Council,
HAS DECIDED:
Art. 1st To reduce the initial discount of 25% (twenty-five percent) referred to in paragraph 1 of art. 4 of Resolution No. 2203 of 28.09.95, to 0% (zero percent).
Art. 2nd This Circular enters into force on the date of its publication.
Brasília, September 28, 1995
Gustavo H. B. Franco
Director of International Affairs
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A newer document in RegAlert replaces this one.
“II - Circular No. 2,623, of September 28, 1995;”
“Reduces the initial discount percentage established in paragraph 1 of article 4 of Resolution No. 2203 of 28.09.95.”
Amended 1 time · last 2022-03-30
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