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Treasury Announce Local Bond Auction Amounts

BRAZIL
  • BRAZIL TO SELL 2M NTN-F BONDS IN AUCTION (BBG)
  • BRAZIL TO SELL 16.5M LTN BONDS IN AUCTION (BBG)
  • Reportedly the largest fixed rate bonds auction for the year.
  • Brazil’s traders closely monitor the national Treasury’s local bond auction, as government is expected to benefit from the recent drop in swap rates.

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