Improvement
Possibility of registering electronically/digitally issued CDCA in B3’s systems.
Electronic Issuance of CDCA
New improvement facilitates issuance of Agribusiness Credit Rights Certificate (CDCA)
When issuing and registering the Agribusiness Credit Rights Certificate (CDCA) at B3, you now may choose the digital/electronic process. This new improvement meets market demand and aims to further simplify funding processes for Brazilian agribusiness.
The new feature is already available for other assets on the NoMe platform and for the CDCA it is expected to come into effect shortly. To launch it, we are updating the system's screen and file functionalities including a field to identify electronic issuance of CDCA.
Sign up and follow up the project
Product benefits
Ease
To leverage CDCA through the advances recently brought about by the legislation.
Integration
With other B3 systems, facilitating trading processes in the OTC market.
Learn more about CDCA
The new project brings benefits, such as ease and speed, for issuers of agribusiness financial instruments.
The Agribusiness Credit Rights Certificate (CDCA) is a freely traded nominative credit instrument that represents the promise of cash payment linked to credit rights originating from trades between rural producers (and their associations) and third parties, including financing and loans. The asset can also be used as collateral for transactions with other instruments, such as the Agribusiness Credit Bill (LCA).
Timeline
-
06/30/2023
Go-live
Available to the market
Technical details
Catalog changes
No catalog changes
Main systems
NoMe
Main related functions
Registration
Certification roadmap
No impact
What is the Sinacor version?
No impact
