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Santander Retaps Strong BRL Sentiment

May 3, 2013

Santander Brasil has raised BRL500m ($249m) from the reopening of its 2016 real-denominated bonds first sold in March, taking advantage of continued demand for bonds denominated in the currency. The bank got more than BRL800m in orders, according to people familiar with the terms, including several new...

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management