Issuance of domestic Brazilian securitizations took a 64% dip in the second quarter from the same period last year, totaling R$1.13 billion ($517 million), according to industry consultancy Uqbar. That followed a vertiginous leap of 1190% in the first quarter, leaving the first half of the year still ahead of the same timeframe last year by 30%.

While issuance slid, the volume of securitizations registered during the quarter dwarfed the amount placed, which appears to augur well for plentiful supply in the rest of the year, despite presidential elections in October. The total volume registered with Brazil's Securities Commission the CVM hit R$2.4 billion.

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