Federal Public Debt rises 1.6% and closes November at R$ 5.87 trillion, says Treasury

The stock of the Federal Public Debt (DPF) rose 1.60% in November and ended the month at R$ 5.870 trillion. The data were released this Tuesday (27) by the National Treasury. In October, the stock was at BRL 5.778 trillion.

The interest adjustment in the FPD stock was R$ 51.31 billion last month, while there was a net issuance of R$ 41.25 billion.

FPD includes domestic and external debt. The Internal Federal Public Securities Debt (DPMFi) increased 1.59% in November and closed the month at R$ 5.616 trillion. The External Federal Public Debt (DPFe) was 1.89% higher in the month, totaling R$ 254.73 billion at the end of November.

Portion linked to the Selic

After the end of the basic interest rate hike cycle, the share of Federal Public Debt (DPF) bonds pegged to the Selic rose again in November, to 38.18%. In October, it was at 37.92%. Fixed-rate papers reduced their share from 27.06% to 27.03%.

Inflation-linked securities reduced to 30.20% of the FPD stock in November, compared to 30.44% in October. Exchange papers fluctuated their participation in the FPD from 4.58% to 4.59% last month.

Twelve months

The Treasury also informed that the share of FPD maturing in 12 months dropped from 22.37% in October to 22.13% in November. The average debt term dropped from 4.03 years to 3.98 years in the same comparison. The FPD accumulated 12-month average cost rose from 10.04% per year to 10.16% per year last month.

Participations

The participation of foreign investors in the total Public Debt rose in November. According to data released by the National Treasury, the share of non-resident investors in Brazil in the stock of the Domestic Federal Public Debt (DPMFi) increased from 9.26% in October to 9.45% last month.

At the end of 2020, the slice was at 9.24%, reaching 10.56% in December last year. The stock of securities held by foreigners totaled BRL 530.69 billion in November, compared to BRL 512.02 billion in October.

The largest share in the DPMFi stock continued with financial institutions, with 28.66% in November, compared to 28.68% in October. The share of investment funds increased from 24.63% to 24.79% last month.

Subsequently, the Social Security group increased from a share of 22.92% to 22.52% from one month to the next. Insurers, on the other hand, increased from 4.05% to 4.03% in the same comparison.

Source: CNN Brasil

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