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Brazil Treasury Publishes 2023 Debt Financing Plan

BRAZIL
  • Brazil treasury sees 2023 public debt between BRL6.4T-BRL6.8T
  • Sees 2023 fixed-rate public debt at 23%-27% of total
  • Sees 2023 selic-linked public debt at 38%-42% of total
  • Sees 2023 inflation-linked debt at 29%-33% of total
  • Sees 2023 fx-linked debt at 3%-7% of total (BBG)
  • Brazil treasury: public debt maturing over next 12 months to stay between 19% and 23% in 2023
  • Brazil treasury sets target for average maturity of debt in 2023 at 3.8 to 4.2 years (Reuters)
  • Federal govt’s funding requirements in 2023 are seen at BRL1.5T
  • Brazil treasury plans to maintain liquidity cushion level 2023
  • Brazil's liquidity cushion covering 8 months of debts
  • Treasury has enough to pay country's 2023 foreign debt (BBG)

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