Sovereigns Plan More Global-Local
LatAm sovereigns are set to place more global bonds denominated in pesos and reais next year, on the back of well-bid 2010 transactions. “We . . . will use the same strategy that we used in the dollar curve to create benchmarks, using new issues and buybacks,” Brazil’s public credit directory Paulo Valle, tells LatinFinance. He notes Brazil will look to do new benchmark issuance next...
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