Treasury Sources US$3 Billion Abroad with Lowest Interest Rates in Seven Years

Through the release of external debt securities, the government borrows money from international investors with a commitment to return the funds with interest. This was the second-lowest interest rate in history for this type of security.

RIO DE JANEIRO, BRAZIL - The National Treasury raised US$3 billion (R$12 billion) from international investors with the lowest interest rates in seven years. The money came from yesterday's, November 4th, issue of US$2.5 billion in foreign debt securities maturing in January 2050 and US$500 million in foreign debt securities maturing in May 2029.

The rate obtained in the issuance of 30-year securities, maturing in 2050, totaled 4.914 . . .

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