Brasília – Brazil’s federal government debt, comprising internal and external debts, shrank by 0.46% in nominal terms, from BRL 3.046 trillion (USD 903.3 billion) in September to BRL 3.032 trillion (USD 899.2 billion) in October. The numbers were made public this Wednesday (23) by the National Treasury.
Treasury indebtedness levels can fluctuate as a result of online (Treasury Direct) or regular bond auctions; of new loan agreements, whereby the Treasury borrows from a bank to finance development in some part of the country; or of the maturing of bonds.
As per the Brazilian government’s Annual Financing Plan, debt should range from BRL 3.1 trillion (USD 919.3 billion) to BRL 3.3 trillion (USD 978.7 billion) at the end of the year.
*Translated by Gabriel Pomerancblum
