By Marcela Ayres

BRASILIA (Reuters) – Brazil sold $2.75 billion in dollar-denominated sovereign bonds on Wednesday, the treasury said, marking its second international issuance this year as the country capitalizes on declining default risk.

The government sold $1.5 billion through a new five-year bond maturing in 2030, with a yield of 5.68%, and an additional $1.25 billion through a reopening of its 10-year benchmark Global 2035 bond, with a 6.73% yield.

The deal comes amid a recent decline in Brazil’s five-year credit default swap (CDS), a key gauge of sovereign risk used by investors to hedge against default.

After rising earlier this year, Brazil’s CDS has retreated to its lowest level of 2025, down 27.6% year-to-date as of Tuesday.

Brazil’s dollar bond sale follows the $2.5 billio

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