Brazilian Blowout

摘要

IT'S CALLED THE NOVO MER cado de Renda Fixa — the New Market for Fixed Income. Launching as soon as the end of this year, it aims to make Brazil's secondary market for corporate bonds more _ robust and Hauid: in 2010 the cur rent market traded just 45 million reais ($28 million) a day, according to JPMorgan Chase & Co. "We have a secondary market, but you must buy directly from a bank or the issuer," says Marcos Assi, a consultant in corporate governance, financial risk and compliance with Sao Paulo-based Daryus Consulting.