Brazil’s national development bank will move from a subsidized long-term lending rate to a new rate based on the government’s borrowing costs, but will short-term pain translate into long-term gain?
Tag: TLP
Posted inDaily Brief
BNDES sets transmission line financing conditions
Brazil’s national development bank offers to fund up to 80% of an expected $4.2bn in estimated investments
Posted inDaily Brief
Brazil remodels BNDES benchmark
Central bank lowers the TJLP to 7% and says it will introduce a new rate for long-term loans in 2018