26 March 2020 – Extended deposit guarantees

Intervention Categories: Legal and policy; New initiatives; Finance policy and financial aid; Monetary and macro-financial policy
Level of Jurisdiction: National

Overview: The Banco Central Do Brasil introduced a New Term Deposit with Special Guarantees (NDPGE) as an alternative fund-raising tool for all financial institutions associated with the Credit Guarantee Fund (FGC).
Full details here: https://www.bcb.gov.br/en/pressdetail/2321/nota