Investors hoping to get in early on Brazil

Brasilia, Caixa
By Oliver West
14 Nov 2019

Some Brazilian bankers may be dumbfounded that their country and its highly unpopular president is considered a safe haven, but hope that Latin America’s sleeping giant is on the cusp of an upswing is driving demand for the country’s issuers amid social unrest elsewhere in the continent.

With even Chile’s curve — the best-rated on the continent — suffering in recent days as mass protests there continue, Lat Am new issuance has continued apace. While this is largely technically driven, some say Brazil’s recently passed social security reform makes it an attractive place to be.

“Right ...

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