Tag Archives: LatAm
Navigating Brazil’s Currency Volatility with USD Credit
Brazil’s fixed income market is one of the deepest in emerging markets, with an outstanding government debt of over BRL 8 trillion (roughly 75% of GDP) and a corporate bond market dominated by floating-rate instruments tied to the interbank deposit certificate (CDI). Domestic market participants are accustomed to high nominal yields; local treasury bills linked…
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