Although investors¹ expectations for Brazil have cooled, the domestic investment banking landscape continues to invite competition. For the moment, the larger Brazilian institutions still claim a lion¹s share of the business.
The offerings should grow next year, as lower interest rates force investors to diversify with implications for both local fixed income and equities.
The domestic corporate bond market is set to expand as investors need more non-government bonds. Infrastructure financing will also require more bonds and bank lending. Brazilians have issued in the cross-border markets this year along with the rest of...
Already have an account?
Subscribe now for unlimited access to all current and archive news, data and market analysis.
Take a free two-week trial now for the latest news, data and market analysis.