Brazil's federal public debt rises to R$ 2,4 trillion in March.
Brazil's federal public debt increased by 4,79% from February to March, rising from R$ 2,329 trillion to R$ 2,441 trillion, according to data released this Monday, March 27th, by the National Treasury.
Daniel Lima - Reporter for Agência Brasil
Brazil's federal public debt increased by 4,79% from February to March, rising from R$ 2,329 trillion to R$ 2,441 trillion. The data was released today (27) by the National Treasury. Treasury indebtedness can occur through the issuance of public bonds or the signing of contracts.
Brazil's domestic federal public debt (DPMFi) grew by 4,66%, increasing from R$ 2,213 trillion to R$ 2,316 trillion. DPMFi is the federal public debt circulating in the national market. It is paid in reais and raised through the issuance of government bonds.
The main reason for the growth of the DPMFi (Domestic Public Debt in Finance) was the net issuance by the National Treasury in the amount of R$ 73,63 billion. This issuance was also affected by the positive accrual of interest – the incorporation of interest into the debt – in the amount of R$ 29,50 billion, the National Treasury reported.
Brazil's external federal public debt (DPFe) registered a 7,27% increase in March compared to the previous month: it reached R$ 124,72 billion, equivalent to US$ 39,25 billion, of which R$ 113,24 billion (US$ 35,67 billion) refers to marketable debt (bonds) and R$ 11,48 billion (US$ 3,58 billion) to contractual debt.
DPFe is the federal public debt existing in the international market paid in other currencies. According to the National Treasury, "the increase [in DPFe] was caused by the devaluation of the real [during the period] compared to currencies that make up the stock of external debt."
According to the National Treasury, the Federal Public Debt is expected to end the year between R$ 2,45 trillion and R$ 2,6 trillion.
Total issuances of Federal Public Debt reached R$ 147,15 billion, with a public offering of R$ 142,57 billion. The difference went to government-linked entities such as the National Bank for Economic and Social Development (BNDES), for example. According to the general coordinator of Public Debt Operations at the National Treasury, Fernando Eurico de Paiva Garrido, there was significant growth in the maturity of bonds and debt restructuring in the markets.