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Why ar are mor ore so sovereig igns is issu suing in in Euros? - PowerPoint PPT Presentation

Why ar are mor ore so sovereig igns is issu suing in in Euros? Choosing between USD and EUR-denominated bonds Brazil il Case ase March 2018 BRAZILS APPROACH TO THE EURO MARKET Debt Portfolio Sources of Why is this market important


  1. Why ar are mor ore so sovereig igns is issu suing in in Euros? Choosing between USD and EUR-denominated bonds Brazil il Case ase March 2018

  2. BRAZIL’S APPROACH TO THE EURO MARKET Debt Portfolio Sources of Why is this market important to Brazil ? 1 Management Funding What has driven our activity ? 2 Investor Base Sovereign Diversification Benchmarking 3 What role does the swap play on our strategy? 2

  3. OUR SPREADS AND THE CROSS-CURRENCY BASIS 3

  4. Thank You! ! Rob oberto Be Beie ier Lob Lobarinhas roberto.Lobarinhas@tesouro.g .gov.br

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