Reuters: US Dollar Report: Brazil's BNDES sees infrastructure note sales doubling in 2014

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Brazil's BNDES sees infrastructure note sales doubling in 2014 Nov 1st 2013, 11:56 SAO PAULO | Fri Nov 1, 2013 7:56am EDT SAO PAULO Nov 1 (Reuters) - Companies will sell around 9.5 billion reais of new infrastructure-related notes in Brazil's domestic capital markets next year, helping increase demand and trading of the securities to boost funding for roads, port and airport projects, a senior government official said on Friday. This year, issuance of infrastructure notes were around 4 billion reais, said Luciano Coutinho, president of state development bank BNDES. BNDES is the country's largest source of long-term credit for companies.

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