THE FEDERATIVE Republic of Brazil has called on firms to submit bids for a debut five year Eu250m to Eu300m offering, following the blow-out Eu400m offering from Argentina which helped revive the outlook for beleaguered Latin credits in the Euromarkets. "Everyone is waiting for Brazil to do something in euros," said a banker in London. "Nothing has materialised yet in terms of a mandate, but it will in the next few days. Brazil will not want to miss out on this window."
January 30, 1998