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Corporate debt issuance to rise 70% in Brazil in 2021

RIO DE JANEIRO, BRAZIL -  Brazil's domestic corporate debt issuance market is growing again after last year's collapse.

It seems to be a return to the glory days of a few years ago, when credit funds were among the fastest-growing investments, as Brazilians turned away from savings and government bonds in search of yield. That market came to a halt last year when the coronavirus took hold and credit fund shareholders rushed to withdraw money.

This year, the sale of corporate debt paper is up 70% over the same period in 2020, according to Bloomberg figures, with investors . . .

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