Brasília – Brazilian federal debt, which includes Brazil’s internal and external debts, ended 2018 at BRL 3.877 trillion (USD 1.030 trillion), reported the National Treasure from the country’s Ministry of Economy. The figure represented an 8.9% increase over 2017, when the debt was BRL 3.559 trillion (USD 945 billion).
This means the Annual Financing Plan, which stablished the public debt could end last year between BRL 3.78 trillion and BRL 3.98 trillion (USD 1 trillion-USD 1.05 trillion), was met.
In December, the largest bondholders of Brazil’s national debt were investment funds (26.91%), followed by Social Security funds with 24.96%, financial institutions with 22.74%, foreign investors (11.22%), the government (4.24%), insurance companies (4.11%), and others (5.81%).
Translated by Guilherme Miranda
