Resolution No. 4,972

RESOLUTION CMN NO.

4,972, OF DECEMBER 16, 2021

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

Defines the annual global limit for contracting credit operations with agencies and entities of the public sector in 2022, 2023, and 2024, to be observed by financial institutions and other institutions authorized to operate by the Central Bank of Brazil.

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 December 16, 2021, considering the provisions of Article 4, items VI and VIII, of the aforementioned Law,

R E S O
L V E U:

Art. 1 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. 2 This Resolution enters into force on January 3, 2022.

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 agencies 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 agencies and entities of the States, the Federal District, and Municipalities Up to R$11,000,000,000.00	Up to R$20,400,000,000.00
For agencies and entities of the Union Up to R$400,000,000.00
2021	Up to R$6,500,000,000.00	For agencies and entities of the States, the Federal District, and Municipalities, excluding the state-owned companies referred to in § 3 of Art. 5 Up to R$10,500,000,000.00	Up to R$20,500,000,000.00
For the state-owned companies referred to in § 3 of Art. 5 Up to R$3,000,000,000.00
For agencies and entities of the Union Up to R$500,000,000.00
2022	Up to R$6,500,000,000.00	For agencies and entities of the States, the Federal District, and Municipalities, excluding the state-owned companies referred to in § 3 of Art. 5 Up to R$10,500,000,000.00	Up to R$18,625,000,000.00
For the state-owned companies referred to in § 3 of Art. 5 Up to R$1,000,000,000.00
For agencies and entities of the Union Up to R$625,000,000.00
2023	Up to R$6,500,000,000.00	For agencies and entities of the States, the Federal District, and Municipalities, excluding the state-owned companies referred to in § 3 of Art. 5 Up to R$10,500,000,000.00	Up to R$18,625,000,000.00
For the state-owned companies referred to in § 3 of Art. 5 Up to R$1,000,000,000.00
For agencies and entities of the Union Up to R$625,000,000.00
2024	Up to R$6,500,000,000.00	For agencies and entities of the States, the Federal District, and Municipalities, excluding the state-owned companies referred to in § 3 of Art. 5 Up to R$10,500,000,000.00	Up to R$18,625,000,000.00
For the state-owned companies referred to in § 3 of Art. 5 Up to R$1,000,000,000.00
For agencies and entities of the Union Up to R$625,000,000.00