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Banco do Brasil to Borrow US$1bn in Bond Sale, Bloomberg Says

Banco do Brasil may borrow US$1 billion of bonds today, Bloomberg News quoted a person familiar with the deal as saying.

The lender may sell US$500 million of bonds maturing in 10 years to yield approximately 237.5 basis points over a similar-dated U.S. Treasury and US$500 million in five-year securities to yield 220 above Treasuries.

Posted in Bonds, Credit. Tagged with .

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