Brazil’s government sold $1 billion in dollar-denominated debt abroad with the reopening of its 2025 bond, the treasury said Wednesday. The debt was sold in US and European markets with a yield 3.888% and a spread of 147 basis points over US Treasurys. The Brazilian treasury said it could sell up to $50 million in Asian markets later Wednesday. The government initially launched the 2025 bond in October 2013 with a sale of $3.25 billion at a yield of 4.305% and a spread of 180 basis points over U.S. Treasurys. The latest sale was be managed by Citigroup, Morgan Stanley and BTG Pactual. At the time of its initial launch, the treasury said the 2025 bond would be used for debt management purposes and improving the country’s yield curve.