Brazilian DCM Continues Strong Pace
Jul 30, 2012
A BRL600m ($297m) sale from BR Properties has capped off a week of large transactions in Brazil’s local bond market, which underscores continued record issuance volume while other LatAm markets slow. The driver remains the same: investors continue to show demand for corporate debentures as government bond yields become less attractive. “Many investors are looking at corporate credit, as the lowering of the Selic means...
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