Brazilians flock back to bonds but tough times for others

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Brazilians flock back to bonds but tough times for others

Brazil, Rio, Christ, LatAm
dabldy - Fotolia

Aircraft manufacturer Embraer this week became the fifth Brazilian borrower to mandate banks for an international bond issue in the month since Petrobras filed its delayed audited financials, provoking a rally in the country’s credit markets.

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