CPR – Change to Payment Event Schedule

Optional

The CPR event schedule may be changed via file allowing multiple CPRs to be modified simultaneously.

B3 is a leader in registration of Rural Product Notes (CPR) and, as part of our commitment to the development of agribusiness, we are improving the CPR functionality. One of the new features is that users will be able to make changes to the payment schedule of CPR events in a single transaction.

To this end, B3 is adding a new functionality to the NoMe platform to post information in batches. When there is a change to the payment schedule of CPR events, just upload a single file to the system.

Project Tags:

OTC

Completed

Product benefits

Agilidade

As alterações na agenda de eventos serão feitas diretamente no sistema, por meio de arquivo e em lote e serão refletidas em todos os ativos.

Simplificação

A operação será mais simples, com o envio de um único arquivo por operação.

Changing CPR Payment Event Schedule Made Easy

The CPR event schedule may be changed, for example, make unforeseen payments in advance. The new functionality will allow changing the payment schedule of several assets in a single transaction via file.

The Rural Product Note (CPR) is a bond that must be mandatorily registered with a registration entity or central depository authorized by the Central Bank of Brazil and represents the promise of future delivery of an agricultural product. It is issued by rural producers or companies whose purpose is the production, sale and industrialization of rural products, including agricultural cooperatives. Two settlement models are allowed to trade CPRs: physical, whereby settlement takes place upon delivery of the product, and cash settlement with payment upon maturity. Currently, CPR is the main instrument to finance the agribusiness production chain.

The NoMe platform provides infrastructure to the OTC market and comprises registration, deposit, trading, and settlement activities, among others.