BNDES Says Not Planning Dollar Bond

BNDES is not planning another debt issue in the international markets, a spokesman tells LatinFinance, despite reports in the Brazilian press that it had cancelled a scheduled bond sale. The Brazilian development bank sold $1bn in 2018 notes in May to refinance a 1998 issue. In July it postponed a planned BRL1.5bn 2010 debenture issue targeted at local markets.