Demand for new Brazil global 2025 bond tops $7 bln - source

Reuters

SAO PAULO, Oct 23 (Reuters) - Brazil's offer of a newdollar-denominated bond due in 2025 has attracted investordemand of more than $7 billion, a source with direct knowledgeof the deal told Reuters on Wednesday.

The deal is part of a strategy by the National Treasury tosell at least $500 million of the new bond while buying back upto $12.6 billion of notes with different maturities and highcoupons.

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