Regulatory Alerts2026-06-16
Added · Updated
Operational and Services External Circular DEFI-501, Subject 4: Rules Applicable to Mandatory Investments in Agricultural Development Bonds and Their Substitute Placements
The Financial Stability Department of the Bank of the Republic issued Circular DEFI-501 to consolidate the rules governing mandatory investments in Agricultural Development Bonds (TDA) and substitute placements under Articles 220 and 221 of Law 2294 of 2023 and Article 9 of Legislative Decree 0175 of 2026. The circular mandates that investment requirements be met with 60% Class A and 40% Class B TDA, while limiting substitute agricultural loan placements to 20% of qualifying own-funds portfolios. It maintains the applicability of specific substitution weights and definitions from External Resolution 3 of 2000 until the National Agricultural Credit Commission issues new regulations.
More like this from BANREP
BANREP published 13 documents in the last 30 days. We email you each new one the day it's published.