Brazil Plans Overseas Bond Sale as Borrowing Costs Tumble

 

cosBrazil is planning to tap overseas debt markets for the first time since Julyafter its borrowing costs tumbled, joining a record wave of emerging-market bond sales this year.

The country is selling more of its global bonds due in 2026 to yield a bit above 5 percent, according to a person familiar with the matter who asked not to be identified because the information is private. The notes were first issued about a year ago to yield 6 percent.

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