*Brazil’s treasury has placed US$2bn in green bonds on the international market. The bond, which matures in 2032, has a yield of 6.375%. Revenue raised from the bond sale will be used to repay public debt and to finance sustainable development projects. The bond placement comes during a tumultuous period for Brazilian markets, with President Luiz Inácio Lula da Silva’s government clashing once again with the central bank over persistently high interest rates.
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