RIO DE JANEIRO, BRAZIL - Brazilian government borrowing jumped to its second-highest on record in September, Treasury figures showed, meaning Brazil issued more debt in the first nine months of this year than the whole of last year.
With the government borrowing large amounts to fund its pandemic-fighting emergency support and income transfer programs, Treasury said it issued R$ 155.3 (US$27.2) billion reais of debt in September and, after redemptions, a net R$80.7 billion.
Both were the second highest on record after July this year. Almost all was in fixed rate debt in maturities . . .
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