10/30/2000 - Banco Central do Brasil

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ILVFDOFULPHODZDVUHSRUWHGRQ)RFXV2FWREHU Of the total debt, 85.1% is
currently owed to the National Treasury, the majority of which (R$128.8) originated
from debt renegotiation agreements settled upon the enactment of Law n. 9496, of
September 11, 1997, yielding the equivalent to the variation of wholesale price index
(IGP-DI) plus 6 to 7.5%. The State of São Paulo and its Municipalities lead debtors’
rank with 41% of the total owed to the National Treasury, a share that increases to 70%
when Rio de Janeiro, Minas Gerais, and Rio Grande do Sul are added (Table 1). State
debt holders other than the National Treasury were mainly federal banks (R$11.9
billion, or 4.8% of the total), and external creditors (R$9.7 billion, or 3.9% of the total)
(Figure 2).
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* Does not include promissory notes other than the ones under CETIP’s custody, statecontrolled debentures registered in Bovespa, and external debt of indirect administration
As of October 31, 2000, a total limit of R$2.3 billion in contractual values remains to be
released to States and Municipalities by the National Treasury under the scope of the
Program for Reducing State’s Banking Activity (PROES) (Table 3). As of July 2000,
R$53.6 billion in contractual values have been directed to PROES, 70% of which for
States to purchase their banks’ assets, comprising low-profile credit portfolios and
unoperational assets; R$7.8 billion, or 15%, for State banks’s capitalization; R$555
million for liquidity funds to guarantee operations intermediated by State development
agencies; R$914 million for funds with withdrawals contingent on judicial losses; R$
268 million to adjust for actuarial deficits; R$60 million for investments in technology
and operational improvements; and R$7 billion for other liabilities (Table 4).
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175.0
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BANACRE (AC)
PRODUBAN (AL)
BANAPE (AP)
BEA (AM)
BANEB (BA)
DESENBANCO (BA)
BEC (CE)
BANESTES (ES)
BEG (GO)
BEM (MA)
BEMAT (MT)
BDMG (MG)
BEMGE (MG)
MINAS CAIXA (MG)
CREDIREAL (MG)
BANPARÁ (PA)
BANESTADO (PR)
BANDEPE (PE)
BEP (PI)
BANDERN (RN)
Bc. Est. do R.J. (RJ) 2/
BANRISUL (RS)
CEE (RS)
BERON (RO)
RONDONPOUP (RO)
BANER (RR)
BESC (SC)
BADESC (SC)
BANESPA (SP) 2/
NCNB (SP) 2/
BANESE (SE)
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1/ Historical Values
2/ Not included in PROES.
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31-Mar-98
101,068
29-Jun-98
427,250
26-May-98
26,000
13-Nov-98
357,000
19-Mar-98
924,432
19-Mar-98
428,568
12-Nov-98
954,224
31-Mar-98
208,000
13-Nov-98
478,868
30-Jun-98
275,000
16-Dec-98
284,632
8-May-98 1,017,000
8-May-98 1,561,000
8-May-98 1,420,000
8-May-98
346,336
30-Mar-98
97,500
30-Jun-98 3,850,000
12-Jun-98 1,492,000
26-Feb-99
116,491
13-May-98
99,293
15-Jul-98 3,879,683
31-Mar-98
562,500
31-Mar-98 1,425,000
12-Feb-98
502,488
12-Feb-98
25-Mar-98
33,000
31-Mar-98 2,129,708
31-Mar-98
202,616
22-Dec-97 24,395,867
22-Dec-97 5,935,037
30-Mar-98
31,500
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28,500
371,432
378,568
144,034
180,000
200,480
207,000
35,000
460,000
141,310
97,500
2,550,000
1,130,000
18,000
-
482,500
278,000
-
250,000
-
71,396
423,250
253,500
553,000
635,190
28,000
178,388
50,000
280,632
641,000
1,200,000
342,000
57,900
53,601
1,047,000
386,874
23,412
683,408
24,395,867
5,935,037
-
25,672
22,000
877,000
1,420,000
205,026
41,692
3,879,683
111,614
35,000
175,000
40,000
460,000
54,591
50,000
100,000
-
1,048,300
65,211
31,500
5,588
18,000
89,403
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30,000
30,000
4,000
4,000
4,000
40,000
50,000
60,000
4,000
105,000
100,000
20,000
4,000
4,000
100,000
4,000
4,000
48,002
For further information, please refer to the States and Municipalities’ Financial Statements at http://www.bcb.gov.br/htms/infecon/frmdef.asp,
“Finanças Estaduais e Municipais”, “Julho/2000”, Portuguese version only.
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