Brazil offers pick-up to tap three bonds

Brazil, 575, LatAm, Sao Paulo, traffic, cars, momentum, movement, flurry, line-up
By Oliver West
03 Dec 2020

After monitoring bond markets for several weeks, Brazil took the plunge on a slightly softer day on Wednesday to raise $2.5bn via the reopening of three different notes.

Debt capital markets bankers had said that Brazil had been considering coming to market since at least the first half of November but a strong tone on Tuesday was enough to persuade the sovereign that Wednesday was the day to turn to international markets for the first time ...

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