BRAZIL · MARKETS

Key Facts

—A first for Brazil: The country plans to announce its first sovereign bond denominated in Chinese yuan, a so-called Panda bond, two sources told Reuters.

—Timing: The plan is set to be unveiled during an official visit to Shanghai and Beijing on June 24 to 26.

—Who leads it: The delegation is headed by Deputy Finance Minister Dario Durigan, with the ministry declining to comment.