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Updated · Reuters · Apr 27Brazil's public debt falls 2.34% to 8.633 trillion reais in March
6 articles · Updated · Reuters · Apr 27
- Net bond redemptions totaled 305.4 billion reais in March, offsetting 98.1 billion reais in interest payments, Treasury data shows.
- This marks the first decline in Brazil's public debt in 2026, with domestic debt in reais making up 96.2% of the total.
- The average cost of domestic public debt issuance rose to 13.92% on a 12-month basis, up from 13.76% in February.
With conflicting forecasts from the IMF and the government, what is the true state of Brazil's public debt? Will Brazil's record-breaking bond sale be enough to restore long-term fiscal credibility? Why is Brazil shifting to riskier floating-rate bonds amidst global economic turmoil? Can Brazil's central bank justify cutting interest rates when inflation expectations are soaring? How can the government manage its massive public debt while a severe farm-sector crisis deepens at home?