Brazil's National Treasury has intensified negotiations with Chinese authorities and investors to enable the issuance of Panda Bonds, fixed-income securities denominated in yuan. The initiative seeks to expand Brazil's financing sources and diversify the investor base for public debt, with the possibility of carrying out the operation still in 2026.
A Brazilian delegation is in the Asian country to discuss procedures necessary for the issuance and assess the interest of the local financial market. The strategy also aims to establish a reference for Brazilian companies interested in raising funds in China.
In a statement, the Treasury reported that it maintains meetings with different author…
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