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LatinNews Daily - 04 June 2020
In brief: Brazil issues bonds on the international market
* The Brazilian treasury has announced that it has issued bonds on the international market, for the first time this year. The five-year and 10-year US dollar bonds were issued yesterday (3 June), part of the treasury’s objective “to promote liquidity of the sovereign yield curve in dollars, provide a benchmark for the corporate sector, and meet maturing foreign currency debt”. The bonds raised a total US$3bn, according to official news agency Agência Brasil, offering a 4% yield on the debt maturing in 2030, and a 3% yield on the bonds maturing in 2025.
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