Bank Credit Bill
The Bank Credit Bill (CCB) is a bond that can be issued by individual investors or corporations and represents a promise of payment on behalf of financial institutions resulting from a credit transaction.
It is a very agile and flexible credit instrument and enjoys several benefits, such as:
- Possibility of registration or deposit at B3;
- Paper or book-entry issuance;
- Issuance with or without real or personal guarantee;
- Remuneration based on fixed rate, floating rate (DI, Selic), price index or exchange rate variation;
- Early redemption, either partial or total;
- Trading on the secondary market through third-party assignment; ands
- Possibility of acquisition by investment funds, pension funds and insurance companies.
Furthermore, B3 offers the possibility of grouping several CCBs into a single instrument called Bank Credit Bill Certificate (CCCB) to facilitate the operational management and assignment of these assets.
Possible transactions:
Several credit transactions may be formalized through a CCB, such as:
- Personal credil;
- Consigned credit;
- Vehicle financing;
- Microcredit;
- Mortgage credit;
- Rural credit;
- Other.
Bank Credit Bill Certificate (CCCB)
Participants may sell a portfolio containing several CCBs (CCCB) in a safe and simplified way.
This function allows the participant to link several CCBs to a Bank Credit Bill Certificate (CCCB) and then assign this group of assets to a third party, such as funds and institutional investors.
With this, participants benefit from operational ease and trading agility with the security of B3’s environment.
Why register with B3?
Greater security, transparency and easier asset control. When you register your CCB with B3, your company is assured of:
- A full registration, deposit, settlement and clearing ecosystem;
- Legal and operational security in credit transactions;
- Fair and competitive prices;
- Easier asset trading for third-party borrowers; and
- Operational credibility from Brazil’s largest financial market infrastructure.
Integration with B3
B3’s technology team always seeks to offer the smoothest possible experience for your company.
That's why we deliver different forms of connection like API, screen and file.
The steps needed to start registering CCBs with B3 are:
- Submitting the necessary documents;
- Systemic integration; and
- Homologation and production environment permission;
All this carefully supervised by B3’s technology team to ensure data security and compliance with the General Data Protection Law (LGPD).
Do you wish to register your CCB with B3 or do you have any query? Talk to us!
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