Public debt reached $745 billion in July
The federal public debt rose 0.78% in July compared to June, going from $740.20 billion to $745.93 billion. The figures were released today (Aug. 24) by the National Treasury and reflect increases in both the domestic and the external debt.
The Domestic Federal Public Securities Debt rose 0.52% amounting to $709.25 billion from a previous $705.52 billion. This is the federal debt outstanding in the domestic market in the form of securities (bonds) denominated in reais issued by the federal government.
The External Federal Public Debt rose 6.14% and reached $37.93 billion, consisting of $34.68 billion in debt securities (bonds) and $3.25 billion in contractual debt. The increase was reported to have resulted from the real depreciation against the currencies that make up the total foreign debt stock (the federal government debt outstanding in foreign markets denominated in foreign currencies, mostly US dollars.)
According to the Annual Borrowing Plan, the government estimates that the Federal Public Debt will close out 2015 somewhere in between $702.09 billion and $745.07 billion.
The treasury can incur debt by issuing securities through public offer (auctions) or loan agreements with financial institutions and development banks.
Translated by Mayra Borges
Fonte: Public debt reached $745 billion in July
