CPR – Complementary Events

Optional

Institutions responsible for registering CPRs may change the payment dates for extraordinary events related to the product.

The payment schedules for Rural Product Notes (CPR) may be changed or brought forward and, in seeking to simplify this process, B3 will add a new functionality to the NoMe platform.

It will enable institutions responsible for registering CPRs in B3’s systems to designate extraordinary events that were not foreseen in the payment schedule and that may occur. This improvement meets the demand of B3’s clients who have this type of structure and wish to reflect it in B3’s system.

Project Tags:

OTC

Completed

Product benefits

Facilidade

A alteração da agenda de eventos extraordinários poderá ser feita de uma única vez, por meio de arquivo.

Agilidade

A alteração da agenda de eventos extraordinários poderá ser feita por meio de tela e arquivo sem precisar alterar a agenda de eventos original do ativo.

Em lote

A alteração por arquivo permite indicar eventos extraordinários para vários ativos de uma única vez.

Complementary Events Related to CPR May Be Registered in B3’s System

The extraordinary event designation functionality both via screen and file will allow B3’s clients to designate events that were not foreseen for the asset without impacting the original events schedule.

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.