Federal public debt has a slight drop in May and totals R$ 6.01 trillion

The federal public debt ended the month of May at R$ 6.01 trillion, according to data from the National Treasury released this Wednesday (28). The volume is 0.31% lower than that recorded in April, of R$ 6.03 trillion.

According to the Treasury, the drop occurred due, among other reasons, to the economic scenario abroad, such as the impasse over the debt ceiling in the United States and the increase in the basic interest rate by the European and North American central banks. At the same time, emerging countries performed well, with Brazil benefiting, among other factors, from progress in the processing of new fiscal rules in Congress.

The fall in the federal public debt was also driven by the retraction of the Internal Federal Public Securities Debt (DPMFi), which went from R$ 5.79 trillion in April to R$ 5.77 trillion in May (a decrease of 0.40 %). On the other hand, the stock of the External Federal Public Debt (DPFe) rose 1.80% (nominal terms) in the period, ending May at R$ 246.78 billion (US$ 48.43 billion).

In May, the government issued R$139.92 billion in Federal Public Debt (DPF) securities and redeemed R$214.96 billion. This movement resulted in net redemptions of R$ 75.04 billion in the month, of which R$ 74.68 billion related to the Internal Federal Public Securities Debt (DPMFi) and R$ 360 million to the External Federal Public Debt (DPFe).

Also according to the Treasury, the liquidity reserve (cushion) dropped, in nominal terms, by 6.66%, from R$ 1.05 trillion in April to R$ 983.18 billion last month. Compared to May 2022, when the reserve was BRL 1.11 trillion, there was a decrease of 11.27% (nominal terms).

The liquidity index registered in May guarantees payments of 8.06 months of future maturities. Therefore, the maintenance of prudential cash is guaranteed, above three months of maturities ahead.