Brasilia cannot guarantee debut will happen this year, but wants it repeated to give companies a yuan benchmark to aim for
4-MIN READ4-MINIgor Patrickin Rio de JaneiroPublished: 2:34am, 6 Aug 2026Brazil intends to sell yuan bonds in China every year rather than once, a senior Brazilian treasury official said on Wednesday, in a plan that would make the Chinese currency a permanent fixture of its external debt.The debut is expected before the end of the year and is small enough that the government is not relying on the proceeds, with external debt at four per cent of the federal stock.
“Given our size, it is much more qualitative than quantitative for now,” he said. “It is obviously a welcome resource, and it tends to be cheap. But it is much more about unlocking new investors.”
02:12Brazil plans to retaliate against US tariffs that partly aim to free former leader BolsonaroWhat the treasury wants is a price, because selling Brazilian companies to Chinese investors is harder without a sovereign curve to borrow against, and Brazil has never had one in yuan.
