{"id":32529,"date":"2009-10-15T12:46:00","date_gmt":"2009-10-15T14:46:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/bank-of-brazil-concludes-us-1-5-bn-issue-abroad\/"},"modified":"2019-06-30T13:37:17","modified_gmt":"2019-06-30T16:37:17","slug":"bank-of-brazil-concludes-us-1-5-bn-issue-abroad","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/bank-of-brazil-concludes-us-1-5-bn-issue-abroad\/","title":{"rendered":"Bank of Brazil concludes US$ 1.5 bn issue abroad"},"content":{"rendered":"<p>Bras\u00edlia \u2013 The Bank of Brazil (BB) informed that it has collected US$ 1.5 billion abroad. According to a press statement turned to the market, disclosed yesterday (14th), that financial liquidation should take place on October 20th, 2009. The operation was promoted on Tuesday (13th).<\/p>\n<p> The loan was made through the issue of perpetual bonds, with no specific maturity. The BB should pay interest of 8.5% a year for coupons due every half. The funds should help strengthen the bank&#8217;s capital and may be used to grant loans.<\/p>\n<p> In a press statement, BB informs that it should also ask the Central Bank of Brazil for the funds to be considered level 1 capital, for the purpose of the capital adequacy ratio index. This index shows the ratio between the institution&#8217;s capital and the volume of funds loaned, pondering risk.<\/p>\n<p> If the proposal is accepted, according to the BB, there should be elevation of 80 points in the institution&#8217;s capital adequacy ratio, reaching 16.1%, with level 1 capital exceeding 11.6%. <\/p>\n<p> According to the current regulations, the assets of each bank should be equivalent to at least 11% of the loan portfolio.<\/p>\n<p> <b>*Translated by Mark Ament<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Bank of Brazil has collected US$ 1.5 billion abroad. The operation was promoted on Tuesday (13th).<\/p>\n","protected":false},"author":2315,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[],"class_list":{"0":"post-32529","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"The Bank of Brazil has collected US$ 1.5 billion abroad. The operation was promoted on Tuesday (13th).","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/32529","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2315"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=32529"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/32529\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=32529"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=32529"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=32529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}