Disclosure of CRA and CRI Daily Reference Price

Informative

Pricing brings greater transparency and facilitates trading on the secondary market.

B3 will now make reference prices available for the main Agribusiness Receivables Certificates (CRA) and Real Estate Receivables Certificates (CRI) traded on the secondary market.

The new update brings greater transparency to trading and facilitates marking to market instruments held by investors, allowing them to determine the updated value of their portfolios on a daily basis and improve their assets’ management.

Mark-to-market for CRI and CRA was established in early January 2023. Data will be disclosed daily in a new file on the UP2DATA platform.

Project Tags:

In Progress

OTC

Fixed income solutions

Product benefits

Ease

To access data that will be disclosed daily on UP2DATA.

Visibility

On the sell price of securities on the secondary market, thus improving asset management.

Transparency

In marking to market of instruments and trades.

Value for the market

Pricing facilitates trading on the secondary market.

Greater transparency to trading prices

The reference price will facilitate CRA and CRI mark to market.

Great value delivery to the secondary market of private fixed income securities. The reference price was established by Anbima (Brazilian Financial and Capital Markets Association) on January 2, 2023 and facilitates CRA and CRI mark to market, thus generating value for players in this ecosystem.

CRI (Real Estate Receivables Certificate) is a security that gives the investor a credit right and promises to be paid in cash by the issuing party, thus receiving the principal amount invested. Learn more.
CRA (Agribusiness Receivables Certificate) is backed by receivables originating from trades between rural producers, their cooperatives and third parties covering financing or loans related to the production, selling, processing or industrialization of agricultural products, inputs, or machines and tools used in agricultural production. Learn more.