Public debt widened in October

27 de novembro de 2017

Brasília – Brazil’s Federal Public Debt – comprising internal and external debts – widened by BRL 8 billion (USD 2.4 billion) in October. Total debt was up 0.22% from BRL 3.430 trillion (USD 1.060 trillion) in September to BRL 3.438 trillion (USD 1.062 trillion) in October, the Brazilian Ministry of Finance’s National Treasury Secretariat reported this Monday (27).

The debt grew wider as a result of interest payments to the tune of BRL 30.97 billion (USD 9.57 billion). Conversely, bond payments to investors outweighed bond issuances by BRL 23.33 million (USD 7.21 million).

The internal debt, i.e. the part of the debt that’s payable in Brazilian currency, remained close to flat (down 0.02%) at BRL 3.311 trillion (USD 1.023 trillion). Brazil’s external debt had widened by 6.88% to BRL 127.07 billion (USD 38.78 billion) at the end of last month.

*Translated by Gabriel Pomerancblum