CMN Resolution No. 4,891 of February 26, 2021

Voto

RESOLUÇÃO CMN Nº
4.891, DE 26 DE FEVEREIRO DE 2021

Revoked normative document, as of 2/5/2022, by CMN Resolution No. 4,995, of 3/24/2022.

Defines the annual global limit for contracting credit operations with government agencies and entities in 2021, to be observed by financial institutions and other institutions authorized to operate by the Central Bank of Brazil.

The Central Bank of Brazil, in accordance with Article 9 of Law No. 4,595, of December 31, 1964, makes public that the National Monetary Council, in a session held on February 25, 2021, considering the provisions of Article 4, items VI and VIII, of the aforementioned Law,

R E S O
L V E U :

Art. 1º The Annex to Resolution No. 4,589, of June 29, 2017, shall enter into force with the alterations contained in the annex to this Resolution.

Art. 2º Resolution No. 4,589, of 2017, shall enter into force with the following alteration:

“Art. 5º ......

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§ 2º ......

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IV - credit operations that are exclusively intended for the restructuring or recomposition of the principal of debts contracted by agencies and entities of the States, the Federal District, and the Municipalities, within the National Financial System, with financial institutions and other institutions authorized to operate by the Central Bank of Brazil.” (NR)

Art.
3º This Resolution enters into force on March 1, 2021.

Roberto de Oliveira Campos
Neto
President of the Central Bank of Brazil

ANNEX

(Annex to Resolution No. 4,589, of June 29,
2017)

Annual limit for contracting credit operations for government agencies and entities to be observed by financial institutions and other institutions authorized to operate by the Central Bank of Brazil.

Year	Operations with Union Guarantee	Operations without Union Guarantee	Total
2018	Up to R$13,000,000,000.00	Up to R$11,000,000,000.00	Up to R$24,000,000,000.00
2019	Up to R$13,500,000,000.00	Up to R$11,000,000,000.00	Up to R$24,500,000,000.00
2020	Up to R$9,000,000,000.00	For agencies and entities of the States, the Federal District, and the Municipalities Up to R$11,000,000,000.00	Up to R$20,400,000,000.00
For agencies and entities of the Union Up to R$400,000,000.00
2021	Up to R$9,000,000,000.00	For agencies and entities of the States, the Federal District, and the Municipalities Up to R$11,000,000,000.00	Up to R$20,500,000,000.00
For agencies and entities of the Union Up to R$500,000,000.00