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Front-End Swap Rates Rise Close To 100 Basis Points

BRAZIL
  • BRAZIL SPECIAL CMTE STARTS SESSION ON PRECATORIOS BILL (BBG)
  • Severe pressure on the DI Curve: Jan '23 DI Swap rates rise close to 100 basis points
  • Brazil DI Swaps:
    • Jan '23 +92 bps at 10.845%
    • Jan '26 +78 bps at 11.9%
    • Jan '31 +62 bps at 12.24

MNI/Bloomberg

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