(Bloomberg) -- Sales of corporate debt in Brazil
rose 17 percent to a record in the first half as investors,
faced with declining interest rates, sought out riskier, higher-
yielding assets such as mortgage- and receivable-backed notes.
Sales of corporate bonds, debentures and asset-backed notes
rose to 21.72 billion reais ($11.38 billion) in the first six
months of the year -- the highest since at least 1997 -- from
18.5 billion reais in the year-ago period, according to data by
the nation's securities regulator. Last year, about 93 billion
reais were sold in corporate fixed-income securities, with about
two-thirds of those sales in the second half.
Read more at Bloomberg Emerging Markets News
rose 17 percent to a record in the first half as investors,
faced with declining interest rates, sought out riskier, higher-
yielding assets such as mortgage- and receivable-backed notes.
Sales of corporate bonds, debentures and asset-backed notes
rose to 21.72 billion reais ($11.38 billion) in the first six
months of the year -- the highest since at least 1997 -- from
18.5 billion reais in the year-ago period, according to data by
the nation's securities regulator. Last year, about 93 billion
reais were sold in corporate fixed-income securities, with about
two-thirds of those sales in the second half.
Read more at Bloomberg Emerging Markets News
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