Public debt rises in March and reaches BRL 5.89 trillion, says National Treasury

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Debt stock grew by R$ 36.67 billion, compared to February. Public debt is issued by the National Treasury to finance the federal government’s budget deficit. The federal public debt rose R$ 36.67 billion in March this year, compared to February, informed this Wednesday (26) the National Treasury Secretariat. With that, the value was R$ 5.892 trillion, 0.63% higher than that registered in the previous month. In February, the debt was R$ 5.856 trillion. In January, it was R$ 5.77 trillion. The public debt is issued by the National Treasury to finance the federal government’s budget deficit, that is, to pay expenses that are above tax collection and other taxes. According to the National Treasury, the variation in the debt stock in March is explained by: the positive appropriation of interest, in the amount of R$ 56.98 billion; for the net redemption (redemption exceeding issues) of R$ 20.31 billion in federal government debt securities.

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