LatAm Bonds
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Banco do Brasil, the Latin American country’s largest financial institution, is expected to issue a dollar denominated hybrid tier one perpetual bond callable after 11 years, following a roadshow scheduled to start in Asia on Thursday.
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While the UAE has been slow in implementing a government guarantee scheme and its biggest banks have been able to tap the markets without it, such a scheme is worth the effort even though few if any will use it.
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