BRL: Positive Outlook Amid Fiscal Focus and Successful ESG Offering
BRL: Focusing on the fiscal The Brazilian real is having a slightly better week. Its $2bn first-ever ESG offering has gone well, where the seven-year note was
Source: fxmag.com
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Coates & Crow: Still no clear path to make state retirement system sustainable
Unrealistic assumptions increased pension liabilities by $199 million, which is 99.5% of the extra, one-time payment of $200 million made by the state as part of the 2022 legislation.
Source: vtdigger.org