Brazil CRI/CRA issuance halves in two years, signaling credit market slowdown

Brazilian agribusiness and real estate credit receivables (CRI/CRA) issuance has dropped by half over two years, indicating a significant contraction in structured credit markets. The decline reflects tighter credit conditions and reduced investor appetite, potentially impacting infrastructure and agribusiness financing. The trend underscores a broader slowdown in Brazil's capital markets, with implications for economic growth.