CMN Resolution No. 4869 — Amends the annual global limit for credit operations with public sector entities in 2020

Resolution No. 4,869

CMN RESOLUTION NO.
4,869, OF NOVEMBER 27, 2020

Regulatory document revoked, from 2/5/2022, by CMN Resolution No. 4,995, of 3/24/2022.

Amends the annual global limit for contracting credit operations with the bodies and entities of the public sector in 2020, to be observed by financial institutions and other institutions authorized to operate by the Central Bank of Brazil, through the alteration of this limit in the Annex to Resolution No. 4,589, of June 29, 2017.

The Central Bank of Brazil, in accordance with art. 9 of Law No. 4,595, of December 31, 1964, makes public that the National Monetary Council, in a session held on November 26, 2020, considering the provisions of art. 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 This Resolution enters into force on the date of its publication.

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 the bodies and entities of the public sector 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 bodies and entities of the States, Federal District and Municipalities Up to R$11,000,000,000.00	Up to R$20,400,000,000.00
For bodies and entities of the Union Up to R$400,000,000.00