RIO DE JANEIRO, BRAZIL - Brazil’s record public debt pile rose further above R$5 trillion (US$920 billion) in January, while rock-bottom interest rates continued to anchor the cost of servicing it near all-time lows, data showed on Wednesday, February 24th.
Total federal debt rose 1% in January to R$5.06 trillion (US$932 billion), while the total domestic debt stock rose 1.2% to R$4.82 trillion, Treasury said.
It said its liquidity cushion, essentially an emergency cash buffer, fell 8.6% in nominal terms from the previous month to R$805.7 billion . . .
To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed? Login Here