The President’s Efforts Jair Bolsonaro to break the spending limit of Brazil The government’s borrowing costs are already increasing and next year could end up costing up to US $ 74.00 million reais (US $ 13.3 billion) in additional payments on local bonds. Higher benchmark rates, as the central bank raises the Selic in a […]
Tag: bonds
Fed announces reduction in bond purchases and insists inflation is “transitory”
Updated on 11/03/2021 02:45 pm The Federal Reserve (Fed) announced that it will start cutting its monthly bond purchases in November with plans to finish them in 2022, but maintained its view that high inflation will be “transitory” and probably will not require a rapid rise in interest rates. However, the central bank noted that […]
CAF places US $ 1 billion in bonds to boost the reactivation of Latin America
The Development Bank of Latin America (CAF) announced the placement of bonds for US $ 1 billion to promote the social and economic reactivation of Latin America. This issue has a maturity of 3 years and a coupon of 1.25%. “Today more than ever, Latin America and the Caribbean needs us and here we are, […]
Fed outlines plan to cut bond buying program in mid-November
The central bankers of USA pointed out that they could start to reduce the support they gave to the economy during the crisis in mid-November, but remain divided on the degree of threat posed by inflation and how quickly interest rates may have to rise, according to the minutes of their monetary policy meeting on […]