Brazil returns to bond market for $2.5 bln

Brazil returns to bond market for $2.5 bln

Bonds Debt Capital Markets Corporate & Sovereign Strategy Fixed Income Brazil

Brazil said it raised $2.5 billion in a three-part tap on Wednesday, adding $500 million to its 2.875% 2025s, $1.25 billion to its 3.875% 2030s and $750 million to its 4.75% 2050s.  The National Treasury said in a statement that it priced the added 2025s at 102.873% to yield 2.2%, or 177.9 basis points over US Treasury bonds. It also said it priced the 2030 tap at 103.421 to yield 3.45%, or 250.1 basis points over US Treasuries, and the 2050s at 103.995 to yield 4.5%, or 279.2 basis points over

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