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Brazil Miner Lifts Euro Financing Hopes

Mar 18, 2010

Vale’s success in the euro market this week fuels expectations of more LatAm bond deals to come from Europe. “This deal shows that the euro market is open and there’s a very attractive basis swap,” says a banker on Vale. The Brazil-based...

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"[While] it’s good to build more infrastructure and increase investment, you have to be conscious about the macro effects of too big an increase in domestic demand, including of course public expenditure."

Julio Velarde, Peru central bank


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