Brazil’s Long-Term Interest Rate (TJLP) registered a steep drop in the fourth quarter of 2026, falling to 2.53%, down from 9.14% in the previous quarter. The earlier level of 9.14% had been recorded in the third quarter of 2026, before the rate sharply adjusted lower in the final three months of the year.
The updated data, released on 30 September 2026, underscores a significant easing in long-term borrowing costs within a single quarter. The move from 9.14% to 2.53% represents a pronounced shift in the TJLP, a key benchmark for long-term financing conditions in Brazil, especially for investment and development-linked credit. Investors and corporate borrowers are likely to reassess funding strategies in light of this abrupt recalibration of long-term rates.
