August 9, 2022 |
The B3 stock exchange in São Paulo reported a 31% increase in corporate debt instruments in the first half of the year compared to the same period of 2021, it said in a press release on Monday.
Fixed income transactions reached BRL997 million ($195 million) by the end of June as debenture sales grew 50% year-on-year to BRL129 billion.
Brazil's equity market, however, saw no initial public offerings (IPOs) in the first six months of 2022, following a period of record activity in the first half of
Companies issue more bonds in the first half of the year as the equity market sags, according to B3