Brazil's federal government debt down 0.46%Staff Writer | November 26, 2016
Brazil’s federal government debt, comprising internal and external debts, shrank by 0.46% in nominal terms, from $903.3 billion in September to $899.2 billion in October.
LatAm From $903.3 billion to $899.2 billion
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 $919.3 billion to $978.7 billion at the end of the year. ■