Thursday, May 10, 2007

Brazil to Sell More Local-Currency Bonds Due in 2028 in Foreign Markets

(Bloomberg) -- Brazil said it will sell more local- currency bonds due in 2028 in international markets.

Brazil sold 750 million reais ($371.3 million) of the bonds to yield 10.28 percent in an initial offering on March 20. The Treasury didn't say in its statement today how much of the bonds it plans to sell in the new offering.


Read more at Bloomberg Emerging Markets News

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