Brazil auctioned 7.3 billion reais ($3.6 billion) of fixed-rate and zero-coupon securities today, compared with last week’s 6 billion reais of zero-coupon debt, according to data compiled by the Treasury.
“There was strong demand,” Ricardo Tibau, a government bond trader at Renascenca Dtvm Ltda., said by phone from Sao Paulo. “The auctions were well-received.”
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