The wave of global Brazilian real-denominated bonds hit a blip last month after Banco Bradesco decided to postpone a R$500 million ($290 million) issue because of market volatility.
The bank was set to go ahead with the transaction but pulled out as concerns about the future of the eurozone and the regulatory problems facing Brazilian lender Banco Panamericano made for challenging issuing conditions. Panamericano is under investigation after its controlling shareholder was forced to borrow R$2.5
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