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Project Tags:

OTC

Completed

Credit

Product benefits

API Is another channel to access CPR information

Null

 

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.

 

 

Timeline

  • Go-live

    Available to the market

Technical details

  • Catalog changes

    No catalog changes

  • Main systems

    NoMe

  • Main related functions

    No functions impacted

  • Certification roadmap

    No impact

  • What is the Sinacor version?

    No impact