Circular No. 2706 — Amends the risk-weighting table and provides for the available funds of leasing companies

CIRCULAR No. 002706

Amends the risk-weighting table and provides for the available funds of leasing companies.

The Collegiate Board of the Central Bank of Brazil, in a session held on 17.07.96, based on the provisions of art. 39 of the Regulation annexed to Resolution No. 980 of 13.12.84, as amended by Resolution No. 1,681 of 31.01.90, and on art. 2, paragraph 2, of Annex IV to Resolution No. 2,099 of 17.08.94,

DECIDED:

Art. 1 To include in the annexed table referred to in art. 2, paragraph 1, of Annex IV to Resolution No. 2,099 of 17.08.94, as amended by art. 1 of Circular No. 2,568 of 04.05.95, the following items:

I - NATIONAL TREASURY - RURAL CREDIT EXTENSION, code 1.8.5.90.00-7, with a weighting factor of 0% (zero percent);

II - CREDITORS FOR ANTICIPATION OF RESIDUAL VALUE, code 4.9.9.08.00-8, with a negative sign and a weighting factor of 100% (one hundred percent).

Art. 2 The available funds of leasing companies, when not held in cash, may be freely invested in the market, subject to the limits and other regulatory rules applicable to each type of financial investment.

Art. 3 This Circular enters into force on the date of its publication.

Art. 4 Circular No. 2,064 of 17.10.91 is revoked.

Brasília, 18 July 1996

Alkimar Ribeiro Moura
Director