CMN Resolution No. 4,916 — Adjusts the deduction from the calculation base for the exigibility of Mandatory Resources (MCR 6-2)

The current text of the MCR can be found at the following web address: www3.bcb.gov.br/mcr.

RESOLUTION
CMN NO. 4,916, OF JUNE 22, 2021

Adjusts the deduction from the calculation base for the exigibility of Mandatory Resources (MCR 6-2).

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 an extraordinary session held on June 21, 2021, considering the provisions of Article 4, item VI, of said Law, Articles 4, 14, and 21 of Law No. 4,829, of November 5, 1965,

R E S O L V E D:

Art. 1º Section 2 (Mandatory) of Chapter 6 (Resources) of the Rural Credit Manual (MCR), contained in the annex to CMN Resolution No. 4,901, of March 25, 2021, shall be amended as follows:

“2 - The calculation base for the exigibility of Mandatory Resources corresponds to the arithmetic mean of spot VSRs calculated during the calculation period referred to in item 6, less R$500,000,000.00 (five hundred million reais).” (NR)

Art. 2º This Resolution enters into force on July 1, 2021.

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