Brasília – Brazil’s National Treasury released a statement this Monday (4) according to which it will issue new bonds, as well as existing ones, and repurchase US dollar-denominated bonds.
The Global 2050 will be a 30-year bond maturing January 14, 2050. A new batch of the existing Global 2029 10-year bond will also be made available, and bonds in seven different categories will be repurchased.
Bond issues are tantamount to a loan taken by the government from international investors, to be repaid with interest. The funds from bond purchases are incorporated into the country’s foreign exchange reserves;
Translated by Gabriel Pomerancblum