Regulation from the National Monetary Council (CMN) targets Real Estate Receivables Certificates (CRIs) for hire’ and limits guarantees for incentivized issuances

After a special meeting, the National Monetary Council (CMN) announced a series of restrictions on the issuance of incentivized bonds. The measures, among other things, limit the type of guarantees to back Real Estate and Agribusiness Receivables Certificates, CRIs and CRAs, respectively, and Real Estate Receivables Bills (LCI).

 

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