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BNDES Heard Eyeing CHF250m 5-Year

Jun 21, 2011

Brazilian development bank BNDES is considering a CHF250m ($296m) 5-year bond after meeting Swiss accounts last week, says an investor following the process. Timing has yet to be determined; but the borrower is expected to announce more details as...

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At a fundamental level, the issue is how to generate healthy returns in the medium to long term. Policy holders can see their fund go down over the course of a week or a month, but what we really should be looking at is returns over 20 or 30 years.

Daniel Schydlowsky, Peru’s banking, insurance and private pension fund regulator


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