Brazil sold 1.25bn dollar global bonds due in 2013 at lowest borrowing cost ever

Thursday, September 6th 2012 - 03:30 UTC

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Brazil on Wednesday sold 1.25 billion in dollar-denominated global bonds due in 2023, at the cheapest borrowing costs ever from foreign investors. High demand allowed the government to improve financing conditions by lowering the bond's yield spread over comparable US Treasury debt to 110 basis points from an initial 115 basis points. Read full article

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British_Kirchnerist
Well done Brazil
Sep 08th, 2012 - 10:24 pm - Link - Report abuse 0
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