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The bonds are expected to total around 314mn reais (US$126mn) and are considered a priority to help improve the country's highways.
Cash raised via the bond saled could be used for investment purposes as well as to pay off existing loans, according to a federal government release.
One regulation permits a bond to fund projects being carried out by CCR concessionaire RodoNorte Concessionária de Rodovias Integradas, in the state of Paraná.
Among the works is the widening of 8km of federal highway BR-277 and 12km of federal highway BR-376. Investment will also go toward building a turnaround road on state highway PR-151 as well as highway maintenance and restoration initiatives.
The projects require at least 147mn reais in investment, according to local highway blog Bem Na Estrada.
The other regulation authorizes Arteris subsidiary Intervias to sell bonds. The concessionaire is responsible for 376km of highways in 19 municipalities in the state of São Paulo.
Funding will be used to widen 23km of state highway SP-147, for second phase works to build the Mogi Mirim bypass, and for other works such as building underpasses and walkways. Road maintenance is also included.
The works are budgeted at some 167mn reais, according to an Intervias release.