Not exact matches
Issuing international
bonds through controlled entities in offshore centers allows Chinese and
Brazilian firms to reach investors that would find it difficult to invest in their
local markets, the BIS says.
The statement highlights the signatories desire to see the growth of a strong
Brazilian green
bonds market, sets out specific actions conducive to achieving this and aims to foster discussion and future issuance of these
bonds in the
local market.
For example, a
bond from the
Brazilian government will be denominated in real, the
local currency.