New York, July 08, 2014 -- Moody's Investors Service (Moody's) has today assigned a Ba3 (hyb) rating to the proposed USD-denominated non-viability Tier 2 subordinated notes to be issued by Caixa Econômica Federal (Caixa, Baa2 local currency deposit rating; D/ba2 bank financial strength rating; stable outlook). The proposed notes will be due in 2024 with a call option in five years. The outlook on the ratings is stable.

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