Brazil's public debt rose to $810 billion in March
Brazil's government debt increased 4.79% between February and March, going from $783 billion to $820 billion. The National Treasury announced Monday (Apr. 27) that the Domestic Federal Public Securities Debt (DPMFi) – the federal public debt outstanding in the domestic market – grew 4.66% and stands at $743, 9 billion. The DPMFi is denominated in reais and leveraged by issuing government bonds. The main reason behind the growth in the DPMFi was the net issuance by the National Treasury totaling R$73.63 billion, equivalent to $24.75 billion.
The External Federal Public Debt (EFPD) rose 7.27% in March compared to the previous month, reaching $39.25 billion, of which $35.67 billion consist of securities debt and $3.58 billion consists of contractual debt. According to the National Treasury, “the increase was caused by the depreciation of the real against the currencies that make up the stock of external debt.”
The total issuance of the Federal Public Debt reached $48.47 billion, with $47.93 billion publicly offered. According to Eurico de Paiva Garrido, General Coordinator, Public Debt Operations of the National Treasury, there was significant growth in securities and a change in the debt profile in the markets.
Translated by Mayra Borges
Fonte: Brazil's public debt rose to $810 billion in March
