The BNDES (National Bank for Economic and Social Development) plans to concern tax-exempt bonds by doubling its credit score operations to almost R$200 billion (US$40 billion) with out assist from the National Treasury, in accordance with its director of Planning and Project Structuring, Nelson Barbosa.
The former finance minister in Dilma Rousseff’s authorities, who’s now a part of BNDES, stated the bonds can be linked to improvement tasks in areas the place the establishment desires to take a position, akin to vitality transition, innovation, and infrastructure.
These property can even be out there to all investor profiles, together with particular person buyers who profit from . . .
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