Loan defaults in Brazil held steady at 3.9% while lending spreads narrowed to 30.8% from 31.6, the lowest since January, according to the latest figures released by the country’s Central Bank.

As for the outstanding loans in Brazil, its total amount rose 1.0% in September from the previous month to 3.36 trillion reais ($835 billion), the central bank said.

Original Story: Reuters | Jamie McGeever and Marcela Ayre
Photo: FreeImages / BrunoNeves
Edition: Prime Yield