Brazil to issue new 5-year sovereign bond, reopen 2035 benchmark

BRASILIA, June 4 (Reuters) - Brazil's Treasury said on Wednesday it will tap international markets with a new five-year dollar-denominated bond due in 2030 and reopen its 10-year benchmark, the Global 2035.

The operation aims to boost liquidity in Brazil's sovereign dollar yield curve, provide pricing references for corporate issuers and raise funds to pre-finance upcoming external debt maturities, the Treasury said in a statement.

BNP Paribas, Citigroup and Santander are leading the transaction, with pricing expected later on Wednesday.