INTERCREDIT

revious 11.83%, 12.04% and 11.95%, respectively.

This morning, the Central Bank released the BC Economic Activity Index ( IBC-Br ), considered an indicator of the Gross Domestic Product ( GDP ), which showed a decline of 0.4% in July. The expectation was a drop of 0.8%.

It is worth remembering that the Minister of Finance, Fernando Haddad, said that the government would revise the official projection for GDP growth in 2024 to at least 3%.

Meanwhile, U.S. Treasuries were falling, with the 5, 10 and 30 note notes rising 3.44%, 3.66% and 3.98%, respectively.