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NEW YORK, March 10 (IFR) - The Republic of Brazil launched a US$1.5bn 10-year bond at 6.125% on Thursday, its first US dollar bond since 2014, a banker close to the trade told IFR.
Investor orders were in excess of US$5bn.
Bookrunners Bank of America Merrill Lynch and JP Morgan are expected to price the deal later on Thursday.
Reporting by Joy Wiltermuth; Editing by Natalie Harrison