Boom in Brazil’s Fixed Income Market Draws Millions
In 2023, Brazil's B3 stock exchange saw a notable increase in individual investors targeting fixed-income assets. The investor base expanded from 14.8 million to 17.1 million, achieving 15% growth. This rise also impacted the custody value, which soared by 30% to R$2.1 trillion ($420 billion) from R$1.64 trillion ($328 billion). Real Estate Credit Letters (LCIs) […]