BdB hopes Brazilian issuers take confidence after euro success
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? Login