Brazil’s external debt falls to US$361.86 billion in November

by Andrea
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Debt composition reveals that the long-term part amounts to US$ 265.322 billion, while the short-term part is US$ 96.538 billion

Drazen Zigic/Freepik
Direct loans had a rollover rate of 104% in November, while in the same period in 2023 this rate was 171%

Brazil’s gross external debt, according to data from , reached US$361.860 billion in November. This value represents a reduction compared to the previous month, when the debt was US$372.482 billion. The composition of the debt reveals that the long-term part amounts to US$265.322 billion, while the short-term part is US$96.538 billion. Regarding loan rollovers, the rate for medium and long-term financing obtained abroad was 83% in November, a significant drop compared to the 153% recorded in the same month of the previous year. For long-term bonds, the rollover rate was 57%, an increase from 32% last year.

Direct loans had a rollover rate of 104% in November, while in the same period in 2023 this rate was 171%. These numbers indicate a change in financing conditions and the capacity to renew external debts. Analyzing the period from January to November 2024, the total rollover rate was established at 107%. Within this context, long-term bonds showed a rate of 139%, while direct loans showed a rate of 101%.

*Report produced with the help of AI
Published by Matheus Oliveira

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