Federal public debt grows 9.6% in 2023 – 01/30/2024 – Market

The federal public debt rose 9.6% in 2023 compared to the previous year, and reached R$6.52 trillion, but remained within the target established for the year, the National Treasury reported this Tuesday (30), predicting that by the end of 2024 the stock could rise to up to R$7.4 trillion.

In December, the indicator rose 3.09% compared to November. As a result, the stock remained within the range of R$6.4 trillion to R$6.8 trillion established as a target in the Treasury’s PAF (Annual Financing Plan) for 2023. In the month, the internal debt rose by 3.19 %, at R$6.27 trillion.

For 2024, the Treasury’s goal is for the federal public debt to close this year in the range of R$7 trillion to R$7.4 trillion.

The goal is for the portion of debt maturing in 12 months to be in the range of 17% to 21% in 2024, after closing last year at 20.1%. The target for the average debt term will move to the range between 3.8 years and 4.2 years, after the proportion closes 2023 in 4 years.

The share of fixed-rate securities, which closed last year at 26.5%, is expected to be in the range between 24% and 28%. Selic-linked securities will be between 40% and 44%, after ending 2023 at 39.7%, the Treasury projects.

Securities linked to price indices will have a share of between 27% and 31% (29.8% in 2023), while securities linked to exchange rates will hold between 3% and 7% (4.1% in 2023).