02 April 2020 – Established a special temporary liquidity line

This item is sourced from COVID-19 Policy Watch co-ordinated by Policy. We are in the process of gathering further information and aligning taxonomies for these items.

Type of Intervention: Financial markets and monetary policy
Sectors Involved:
Level of Jurisdiction: National
Lead People/Agency:

Overview: The Banco Central do Brazil established a special Temporary Liquidity Line (LTEL), with the objective of offering the necessary liquidity so that the National Financial System can remain stable in the face of the increased demand observed in the credit market,result of the reflexes of the spread of COVID-19.
Full details here: https://www.bcb.gov.br/detalhenoticia/17027/nota