Brazil's Cetip to amortize 100 million reais in debentures
RIO DE JANEIRO
RIO DE JANEIRO Nov 7 (Reuters) - Brazilian securities clearinghouse Cetip in a regulatory filing on Wednesday said it would amortize 100 million reais ($49.26 million) worth of debentures by the end of this month.
Cetip said the move, a partial amortization of debentures it issued in 2010, is "indicative of the company's good performance and a result of its heightened capacity to generate cash."
Last year, Cetip also paid 100 million reais out of the total of 900 million reais worth of debentures it issued.
DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.