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Project Tags:

Credit

Completed

OTC

Product benefits

Learn more about CDA and WA

The Agricultural Certificate of Deposit (CDA) and the Agricultural Warrant (WA) are credit bonds that represent the promise of delivery of agricultural products.

The CDA has replaced the “bill of deposit”, while the WA is a bond that grants the right to pledge the goods described in the corresponding CDA. The CDA and WA can be guaranteed by bank collateral or insurance, and traded jointly or separately. They are taxed as financial assets exempt of IOF (Tax on Financial Operations).

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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?

    To be defined