| 29.12.2008 - Brazil to sell bonds to finance SWF |
| From Businessweek.com: Brazil will sell treasury bonds to finance its new sovereign wealth fund, circumventing a legislative hurdle that had limited its cash supply, a treasury official said. The bond issue will allow Brazil's government to deposit 14.2 billion reals ($5.9 billion), or 0.5 percent of gross domestic product, into the fund by January, Deputy Treasury Secretary Cleber Oliveira said, giving no other details on the sale..... Full Article: Source |