(Bloomberg) -- The following events and economic reports may influence trading in Latin American local bonds today. Bond yields are from the previous session.
Brazil: The central bank lowered the benchmark lending rate to a record low, responding to consumer prices increasing at the slowest pace in eight years. The bank yesterday cut the overnight lending rate by a quarter-percentage point to 12.5 percent. Policy makers have reduced borrowing costs from a high of 19.75 percent in September 2005.
Read more at Bloomberg Bonds News
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