Brazil federal domestic debt rises 2 pct in March

Wed Apr 25, 2007 4:02pm EDT
 
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BRASILIA, April 25 (Reuters) - Brazil's domestic debt load rose to 1.143 trillion reais ($565.8 billion) in March, up 2 percent from 1.120 trillion reais the previous month, the National Treasury said on Wednesday.

Floating-rate bonds linked to the benchmark Selic interest rate fell to 36.5 percent of the total debt in March from 38.4 percent at the end of February.

Fixed-rate bonds, considered more favorable for managing the debt, rose to 37.3 percent of the debt from 35.4 percent.

The percentage of inflation-linked notes rose slightly to account for 22.7 percent of the debt.

The average maturity of the domestic federal debt rose to 31.88 months from 31.64 months.

Including external debt, Brazil's federal obligations totaled 1.278 trillion reais in March, up 1.4 percent from the previous month. ($1 = 2.02 reais)

 
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