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Sovereign Wealth Funds Briefing - Categorized | Financials, Market

Brazil debt luring Sovereign Funds

Posted on 22 June 2010

From Bloomberg: International pension and sovereign wealth funds are increasing demand for local Brazilian government bonds, lured by interest rates above 10 percent and a stable economy, Deputy Treasury Secretary Paulo Valle said.
Foreign investors hold 8.7 percent of Brazil’s domestic debt, compared with almost zero in 2006, Valle said in an interview at Bloomberg headquarters in New York. Investors from European and Asian nations such as South Korea and China are showing more interest, he said……………………………………….Full Article: Source

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