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2 results for “local bonds

Election Risk Prompts Hedge Funds to Unwind Profitable Brazilian Real Carry Trade
PoliticsAug 18

Election Risk Prompts Hedge Funds to Unwind Profitable Brazilian Real Carry Trade

Global asset managers are cutting exposure to the Brazilian Real and local bonds as political uncertainty heightens ahead of the 2026 election.

Braskem Local Debt Plummets to 30% of Face Value on Restructuring Impasse
PROMarketsJul 16

Braskem Local Debt Plummets to 30% of Face Value on Restructuring Impasse

Braskem's local debentures and CRAs fell to 30% of face value as negotiations stall over a R$ 50 billion debt restructuring, signaling dilution risks.