BdB hopes Brazilian issuers take confidence after euro success

By Francesca Young
18 Jul 2013

Banco do Brasil allayed fears that Brazilian issuers would be left stranded even as LatAm bond markets recovered when it sold €700m of five year notes on Thursday.

As many Brazilian issuers have seen their debt trade wider than the rest of Latin America in the recent sell-off, some DCM bankers said they were not sure Brazilian borrowers would come to market.

But the Brazilian state-owned bank’s top funding official said he hoped Banco do Brasil’s success ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial