• Categories
  • Archives

Brazil Enters a New and Cheaper Era of Bonds in Europe

Before the end of this month, Brazil will begin operating on the principal electronic platform for bond negotiations in the European Union, known as the EuroMTS.

The secretary of the National Treasury, Joaquim Levy, reports that as EuroMTS operations reduce the need for bank intermediaries, Brazil’s bond issues will be cheaper.


Levy also says that on the EuroMTS the country’s bonds will have a maximum spread of 0.75% per transaction. Issues will have to be at least one billion euros.


Banks that operate as market markers with Brazilian bonds are: ABN Amro Bank, Barclays Bank, BNP Paribas, Dresdner Bank, Fortis Bank, J.P. Morgan Securities, Morgan Stanley and UniCredito Italiano.


ABr

Tags:

  • Show Comments (0)

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

In Brazilian Courts Little Has Changed Since US Nun’s Murder

Social movements and human rights groups suffered yet another defeat this month at the ...

Brazil’s Supreme Grants Injunction and Boy Sean Goldman Stays in Brazil

Minister Marco Aurélio Mello, from the Brazilian Supreme Court (STF) decided to grant habeas ...

Brazil’s Lula: Displeasing Greeks and Trojans

Lula is clearly trying to pull off a delicate balancing act. He is adhering ...

Brazilians Want to Know How Lula’s Son Went from Jobless to Millionaire in 4 Years

An investigation has been launched into the fortune of one of the Brazilian president’s ...

Rural Exodus in Brazil High Among Young Women

A survey by Brazil’s Applied Economic Research Institute (Ipea) has found that although the so-called ...

Survey Shows: Brazilian Indians Are Less Illiterate and More Evangelical

Illiteracy among Indians in Brazil fell sharply in the decade between 1991, when it ...

Brazil Tops Countries with Most Investment from Europe

The first ever summit between the European Union and Brazil is taking place in ...

A Brazilian Blockbuster

Hollywood hunk and soap opera star in NBC’s Days of Our Lives as Officer ...

Elections Ended in Brazil. Get Ready for the Next One.

With Marta Suplicy (PT) no longer the darling of the PT, it looks like ...