FIDCs are used as fundraising by companies in the most diverse economic sectors, these funds’ shares have become the main securitization title in Brazil. Chart 1 illustrates the yearly evolution of FIDC share emissions since 2002
FIDCs are classified into 13 distinct categories according to their underlying assets, the four main being; Commercial Receivables, Corporate Credit, Vehicle Financing and Personal Credit. Chart 2 displays the monthly evolution of FIDCs’ Net Equity by underlying asset since jan-2007
Image 3 shows the trimestral evolution of the Market’s Equity and number of multiobligor-multioriginator funds since 2007.
Image 4 displays the trimestral evolution of multiobligor-multioriginator funds’s participation in the FIDC market total equity (%)
The Brazilian Government determines conditions for a fund to be considered a FIDC.
FIDCs can have 13 different types of underlying assets.
FIDCs main categories are: Commercial Receivables, Corporate Credit, Vehicle Financing and Personal Credit.