Rule · BCB · 30 Nov 2017 · Resolução CMN 4610
This resolution amends Resolution No. 4,589 of June 29, 2017, by adding an Annex that establishes annual global limits for credit operations with public sector entities for the year 2018. Financial institutions and other entities authorized by the Central Bank of Brazil must observe these limits, which cap operations with Union guarantees at R$17 billion, operations without Union guarantees at R$7 billion, and the total at R$24 billion. The resolution enters into force on the date of its publication.
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 November 30, 2017, considering the provisions of Article 4, items VI and VIII, of the aforementioned Law,
R E S O L V E S:
Art. 1. Resolution No. 4,589 of June 29, 2017, shall enter into force with an Annex, as per the Annex of this Resolution.
Art. 2. This Resolution enters into force on the date of its publication.
Ilan Goldfajn
President of the Central Bank of Brazil
ANNEX
(Annex to Resolution No. 4,589 of June 29, 2017)
Annual limit for credit operations with public sector entities to be observed by financial institutions and other entities authorized to operate by the Central Bank of Brazil
| Year | Operations with Union Guarantee | Operations without Union Guarantee | Total |
|---|---|---|---|
| 2018 | Up to R$17,000,000,000.00 | Up to R$7,000,000,000.00 | Up to R$24,000,000,000.00 |
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“Resolution No. 4,610, of November 30, 2017”
“Resolution No. 4,589 of June 29, 2017, shall enter into force with an Annex, as per the Annex of this Resolution.”
“The Central Bank of Brazil, in accordance with Article 9 of Law No. 4,595 of December 31, 1964...”
Amended 1 time · last 2022-03-24
This document amends: CMN Resolution No. 4589 - Defines exposure limit and annual global credit limit for public sector entities
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