Testing the waters.Bradesco, Brazil's largest bank, dipped into the global bond market in late March and fetched $100 million in one-year adj. 1. completing its life cycle within a year. Adj. 1. one-year - completing its life cycle within a year; "a border of annual flowering plants" annual phytology, botany - the branch of biology that studies plants Eurobonds. It was the first issue for a Brazilian borrower following the currency devaluation Currency devaluation A deliberate downward adjustment in the official exchange rates established, or pegged, by a government against a specified standard, such as another currency or gold. in January January: see month. . The money will be used to finance investments in agriculture. |
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