Comments on: Brazil Government Bonds yielding in the 9% range for 6 years

By: Randy

Randy — Fri, 30 Jul 2010 20:07:59 +0000

Raam Thanks for the question!

I’m sorry, but I’m having one of those days where things just aren’t working right for me, including my understanding of your comments.

By: raam sookdeo

raam sookdeo — Fri, 30 Jul 2010 09:29:05 +0000

i understand the credit spreads of the Brazilian corporate bonds.

Howver, its sad to note that the investors have little appetite for the municipal bond market . could this be an anomaly of the meed for further credit enhancenent by the sovereign state and or the sub sovereign organ . surely, there are other methods to improve credit enhancement such as the senior debt beind placed with a huge investor and categorising the paper into mezzanine and junior debt. The first loss absorption is the security that the investor needs.
will wait for your comment

By: Randy

Randy — Thu, 29 Jul 2010 17:38:30 +0000

If we can find them, Bloomberg has an identifier for anything listed…We need that to identify which bonds your looking for.

By: Randall Mark

Randall Mark — Tue, 27 Jul 2010 20:23:01 +0000

Bloomberg lists a 6-month zero-coupon Brazilian government bond currently yielding about 11%. Can I buy these through you? If so, please give the particulars.

By: Randy

Randy — Fri, 23 Jul 2010 21:38:09 +0000

Hi Ken.

Thanks for the question. We do not have a minimum, but yes the Brazil Government requirement for Brazil bonds is quite high, it’s 250 bonds, and when you add in the currency it’s about $160,000. Current yield are about 9.5-10% depending on maturity:

……….. Coupon..Maturity..Price…..Yield…..Ratings……Cusip
BRAZIL 12 1/2 2016 112.200 9.572 Baa3 BBB- 105756BJ8
BRAZIL 12 1/2 2022 114.450 10.318 Baa3 BBB- 105756BL3
BRAZIL 10 1/4 2028 101.950 10.010 Baa3 BBB- 105756BN9

By: K miller

K miller — Fri, 23 Jul 2010 16:25:46 +0000

Do you have to buy a minimum amount of Brazil bonds?
Thanks
Ken

By: Randy

Randy — Mon, 28 Jun 2010 17:41:26 +0000

We have access to: BRAZIL 12/1/2016 112.500 9.531%

By: Randy

Randy — Mon, 21 Jun 2010 17:38:24 +0000

Hello D.de Jong

Give me a call, (if you have a cusip it would save many steps) an we could find if they have value, I wish you good luck.

Randy

By: d.de jong

d.de jong — Fri, 18 Jun 2010 14:29:09 +0000

we have here a brazilian brady bond, with a certain number, issued in 1972 with face value of Cr$ 1.5 billion, actually face value is said to be R$ 34.5 billion appr., or in USD also a tremendous amount, its number of Central Bank of Brazil, SETIP number, Restructuration contract number. It has been updated to December 01, 2009, and the TLN is due to the year 2036.
What to do with this kind of paper? Id it worth a fortune or wortless, or somewhere in between.

Many thanks for answering,
kind regards

D. de Jong

>><<

By: jesse

jesse — Wed, 12 May 2010 18:43:04 +0000

Thank you. Actually, we can service Brazil and other foreign bonds but not foreign CDs. Would you like a current quote on the Brazil Bonds?

By: JOE BUNN

JOE BUNN — Wed, 12 May 2010 17:34:37 +0000

Please provide details on purchasing Brazilian CDs including time terms, interest, issuing facility, transaction fees etc. Thanks JPB