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Brazil’s BIC Pulls Local Debt

Nov 17, 2010

Brazilian leasing company BIC Leasing says it is halting a planned BRL200m bond issue, citing market conditions. The company will decide whether to resubmit the...

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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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