2023-10-25 20:41:20
SÃO PAULO (Reuters) – The coordinator of Public Debt Operations at the National Treasury, Roberto Lobarinhas, stated this Wednesday that the government has finalized all preparations for the issuance of sustainable bonds on the international market, but that there is no definition as to when the launch will actually occur.
“We are ready to issue sustainable bonds. What will count from now on are market conditions”, he pointed out during a press conference.
According to the debt coordinator, both the moment of issuance and the amount of bonds to be launched depend on market conditions.
“There is no certain predictability of the volume that will be reached,” he added.
At the beginning of September, the government launched a set of rules for issuing sustainable public bonds on the international market, in a document that outlines environmental and social commitments and systematizes the application of resources raised with the securities.
Initially, the Ministry of Finance had expected that the first issue would raise approximately 2 billion reais. Subsequently, the assessment was that the amount would be greater than 1 billion reais.
(By Fabrício de Castro)
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