Bonds News
By Bob
Here's a round up of news concerning bonds south of the border:
Brazil: A total of $500 million of dollar-denominated bonds maturing in 2037 were sold yesterday as the government took advantage of record-low borrowing costs. Brazil sold the 30-year bonds to yield 6.635 percent, or 1.73 percentage points above similar U.S. Treasuries. The yield on the 7 1/8 percent dollar bonds due 2037 fell to a low of 6.52 percent on Jan. 3, down from a 8.1 percent high in May 2006.On a side note, the more time I spend with politics people the less I am impressed....
The yield on Colombia's benchmark 11 percent bond due July 2020 fell 4 basis points to 9.15 percent, according to the central bank.
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The yield on Peru's benchmark 9.91 percent bond maturing May 2015 fell 5 basis points to 6.25 percent, according to Citibank Peru.