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Brazil and Southern Cone - April 2019

Economic Highlights

Bolsonaro’s first bonds: On 21 March, Brazil’s government successfully issued US$1.5bn worth of 10-year bonds in the US and European markets, with an interest rate of 4.7%. This was the first bond issuance under the government of President Jair Bolsonaro. The national treasury said that the issuance attracted four times the volume sold and celebrated the operation as “successful”.

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