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.