CMN Resolution No. 5,124 — Amends Resolution No. 4,624 of January 18, 2018, Regarding the Calculation Methodology for the Basic Financial Rate (TBF) and the Reference Rate (TR)

RESOLUTION

CMN RESOLUTION NO. 5,124,
OF MARCH 28, 2024

Amends Resolution No.
4,624, of January 18, 2018, which provides for the calculation methodology of the Basic Financial Rate (TBF) and the Reference Rate (TR).

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 March 28 of 2024, based on arts. 1 of Law No. 8,177, of March 1, 1991, and 1 of Law No. 8,660, of May 28, 1993,

R E S O
L V E D:

Art. 1
The
Resolution No. 4,624, of January 18, 2018, shall enter into force with the following alterations:

“Art. 6. ............................................................................................................

§ 1. .................................................................................................................

I - TBF corresponds to the TBF relative to the reference day; and

II - “a” and “b” correspond to the values obtained in the table below as a function of the TBF relative to the reference day:

TBF (% p.m.)	a	b
TBF greater than or equal to 1.3134%	1.00500000	0.48000000
TBF less than 1.3134% and greater than or equal to 0.9856%	0.99869130	0.96034591
TBF less than 0.9856% and greater than or equal to 0.8462%	1.00500000	0.32000000
TBF less than 0.8462% and greater than or equal to 0.7323%	1.00010877	0.89838243
TBF less than 0.7323%	1.00500000	0.23000000

§ 2. The Central Bank of Brazil must calculate the reducer "R" using, in the process, all decimal places of the values involved, proceeding to rounding of the final value to eight decimal places, with the use of the Rounding Rules in Decimal Numbering (NBR 5891/14) established by the Brazilian Association of Technical Standards (ABNT).

................................................................................................................” (NR)

Art.
2. Item III of § 1 of art. 6 of Resolution No. 4,624, of
2018, is hereby revoked.

Art.
3. This Resolution enters into force on July 1, 2024.

ROBERTO DE OLIVEIRA CAMPOS NETO
President of the Central Bank of Brazil