Brazil jumps on flat curve to price tight 30 year

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

Cookies Settings
Emerging Markets
EM LatAm

Brazil jumps on flat curve to price tight 30 year

Oliver West
July 21, 2016 11:00 PM
Henrique Meirelles, Brazil, Marfrig, Temer
Brazil's Finance Minister Henrique Meirelles speaks during a news conference following a meeting on economic measures with party leaders from the Lower House and Senate at Planalto presidential palace in Brasilia, Tuesday, May 24, 2016. Meirelles and acting President Michel Temer announced belt-tightening measures aimed at pulling Latin America’s largest economy from its worst crisis in decades, including taking back billions it loaned Brazil’s state-run investment bank, abolishing a fund created to channel oil revenues into education, sharply cutting public spending and negotiating reforms to the country’s pension system. Temer took over after President Dilma Rousseff was impeached earlier this month for allegedly using accounting tricks in managing the federal budget. (AP Photo/Eraldo Peres) | Eraldo Peres/AP/Press Association Images

Brazil underlined its re-entry to EM investors’ good books on Thursday with a $1.5bn long 30 year issue that bankers saw as taking advantage of the sovereign’s particularly flat curve.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login

Topics

LatAm BondsEmerging MarketsBrazilLatAm
OW
Oliver West
US Bureau Chief - Latin America Editor
Contact
Gift this article