A mega-deal collateralizing deduc-tible personal loans has been filed with Brazilian regulators, giving a jolt to a market that had slowed since a banner 2006.

Senior shares in the receivable investment fund (FIDC) total R$1 billion ($603 million), nearly equaling all the issuance from the asset class in 2007. Volumes dropped last year when the sector's main originators - medium and small banks - glommed onto cheaper funding elsewhere.

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