Brazil Capital Market Activity Up 54.6% In 1st Half - Anbima
By Rogerio Jelmayer
Dow Jones Newswires
SAO PAULO -(Dow Jones)- Brazilian debt and share issuance rose 54.6% in the first half of 2010, as local companies returned to raise money in the capital market, the Brazilian Association of Financial and Capital Market Institutions, or Anbima, said Tuesday.
Total capital-market activity in the January-June period, including both share and debt offers, rose to 49.23 billion Brazilian reals ($28 billion), from BRL31.85 billion in the same period of 2009.
In the year-earlier period, Brazilian debt and stock issuance were affected by the global financial crisis, which restricted capital-market activity.
The volume of debt issues totaled BRL34.85 billion in the first half of 2010, while equity issues amounted to BRL14.38 billion.
In 2009, Brazilian debt and share issuance was BRL110.3 billion, up from BRL102.3 billion in 2008.
Copyright © 2009 Dow Jones Newswires
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