Itau Starts Fund to Trade on Brazil Inflation, Valor Reports

Itau Unibanco Holding SA started a fund to bet on Brazilian inflation, Valor Economico reported, citing Ronaldo Patah, the bank’s fixed income superintendent.

The fund seeks to buy inflation-linked notes known as NTN-B as well as interest-rate futures, the Sao Paulo-based newspaper said.

To contact the reporter on this story: Laura Price at lprice3@bloomberg.net

To contact the editor responsible for this story: Francisco Marcelino at mdeoliveira@bloomberg.net

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