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Brazilian Bank Postpones CHF Bond

Jun 4, 2012

Brazil’s Banco Pine has cancelled plans to raise funds in the Swiss bond market. “In light of increased volatility and deteriorating market conditions Banco Pine has decided to refrain from pursuing its debut CHF bond...

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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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