Business · Economy · 4 hrs ago
Brazil's federal debt rose to R$9.4 trillion in September
Brazil's federal debt reached R$9.4 trillion in September, up 0.97% from August, the National Treasury said.
The rise in domestic debt was driven mainly by R$89.3 billion in interest costs, alongside R$3.8 billion more in bond issuance than redemption.
Domestic debt was R$9 trillion, while external federal debt fell 0.82% to R$345.4 billion.
Separately, Brazil's gross debt stayed at 82.9% of GDP, its highest level since 2021, according to the central bank.
Higher interest costs are adding pressure to public borrowing, while the Treasury also cited greater investor caution linked to US monetary tightening, higher bond yields in advanced economies and conflict in the Middle East.
The government's debt cash buffer stood at R$1.3 trillion, enough to cover 7.71 months of bond payments.
The Treasury bought back R$31.6 billion in bonds after market turbulence and said it is watching conditions and can act if markets become dysfunctional.
Brazil’s federal debt rose 0.97% in September from August to R$9.4 trillion, the National Treasury said.
Domestic federal debt reached R$9 trillion, while external federal debt was R$345.4 billion.
The increase in domestic debt reflected R$89.3 billion in interest accrual and R$3.8 billion in net bond issuance.
Brazil’s gross debt remained at 82.9% of GDP in September, the same level as in August and its highest since 2021.
The Treasury said global risk aversion increased during September amid tighter US monetary policy, higher bond yields in advanced economies and conflict in the Middle East.
- Who
- Brazil’s National Treasury reported the figures.
- What
- Federal debt rose to R$9.4 trillion in September, up 0.97% from August.
- When
- September; the Treasury reported the figures on Thursday, October 29.
- Where
- Brazil.
- Why
- Domestic debt increased amid R$89.3 billion in interest accrual and R$3.8 billion in net bond issuance.
This story does not have two clearly opposing sides.
Brazil’s federal debt rose 0.97% from August to R$9.4 trillion.
Brazil’s gross debt remained at 82.9% of GDP, the same level as in August.
The National Treasury reported the federal debt figures.
The Treasury said the interest-rate market saw a sharp rise as expectations were repriced and positions adjusted.
- Federal debt
- R$9.4 trillion in September
- Monthly change
- Up 0.97% from August
- Domestic federal debt
- R$9 trillion
- External federal debt
- R$345.4 billion
- Gross debt
- 82.9% of GDP in September
What people are saying
The interest-rate market saw a sharp rise amid the repricing of expectations and the adjustment of positions after the election result.