Federal debt renegotiation program
Appears in 1 story · Last updated Sep 30, 2026
As of September 2026: Third phase announced September 25, 2026
Brazilian banks reported their highest loan-default rate since records began in 2011. The share of non-earmarked loans more than 90 days overdue hit 6.6% in August, and household borrowers drove the increase: their default rate on those loans reached 8%.
Updated Sep 30
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