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"On January 31, 2025, the Brazilian Financial and Capital Markets Association issued an update regarding Fiagros issuances. As of December 2024, Fiagros reached R$ 1.3 billion in issuances, their best monthly performance since January 2023, but this was not enough to reverse the decline in volume from R$ 8.9 billion in 2023 to R$ 4.8 billion in 2024."
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