The United States sees "no difficulty in issuing $2.8billion in bonds to guarantee a debt-reduction deal for Brazil with commercial creditor banks, said Economy Minister Fernando Henrique Cardoso of Brazil.

Mr. Cardoso told U.S. Treasury Secretary Lloyd Bentsen at a meeting last week in Washington that Brazil is seeking an agreement with the International Monetary Fund as a first step toward rescheduling $35 billion in debt owed commercial banks.

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