Brazil Locks in Low Coupon
Sep 6, 2012
Brazil has sold $1.25bn in 2023 bonds, and continuing to push its debt coupon levels to new lows. Putting in for some $4.5bn in orders, investors appeared to see limited to fair value. The new bond priced at 99.456 with a 2.625% coupon to yield 2.686%, or...
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