RegAlertRule · BCB · 19 Jan 1984 · Circular 842
Circular No. 842: Active Credit Operations by Investment Banks with Pre-Fixed Monetary Correction
Investment banks may carry out active credit operations with a minimum term of 90 days, up to the amount corresponding to the balance of time deposits, with or without the issuance of a certificate, raised with pre-fixed monetary correction. The restriction in item I of Resolution No. 753, of 12.08.82, does not apply to active credit operations with a term of less than 6 months. The limitation of interest rates in item II of Resolution No. 844, of 13.07.83, applies to active credit operations subject to monetary correction identical to that of the Readjustable National Treasury Bonds.
Circular No. 842
CIRCULAR N. 000842 ------------------ To Investment Banks We inform that the Board of the Central Bank, in view of the provisions of item IV of Resolution No. 894, of 13.01.84, decided to clarify that: a) investment banks may carry out active credit operations with a minimum term of 90 (ninety) days, up to the amount corresponding to the balance of time deposits, with or without the issuance of a certificate, raised with pre-fixed monetary correction; b) the restriction established in item I of Resolution No. 753, of 12.08.82, does not apply to active credit operations with a term of less than 6 (six) months; c) the limitation of interest rates established in item II of Resolution No. 844, of 13.07.83, applies to active credit operations subject to monetary correction identical to that of the Readjustable National Treasury Bonds. Brasília-DF, 19 January 1984 José Kléber Leite de Castro José Luiz Silveira Miranda Director Director
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- Issued under
- Resolution No. 894 dated 1984-01-13Not in RegAlert
“in view of the provisions of item IV of Resolution No. 894, of 13.01.84”
Mentions (2): 2 documents this one mentions without changing them
- Refers to
- Resolution No. 844 — Interest Rate Limits for Commercial, Investment and Development Banks1983 · BCB
“the limitation of interest rates established in item II of Resolution No. 844, of 13.07.83, applies”
“the restriction established in item I of Resolution No. 753, of 12.08.82, does not apply”
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