Urgent.News

One page, thousands of outlets. See who else covered it.

Editions

Finance & Markets

The Treasury's vision on debt rollover, the fiscal framework, and incentivized bonds

Não existe a menor possibilidade de haver alguma forma de calote da dívida pública – e quem especula sobre esse risco não sabe do que está falando. Esta é a resposta do secretário do Tesouro sobre o assunto durante uma entrevista de quase uma hora com o Brazil Journal. “A chance de existir um calote […] The post A visão do Tesouro sobre a rolagem da dívida, o arcabouço fiscal e os papéis…

Translated from Portuguese Read in Portuguese

The Treasury's vision on debt rollover, the fiscal framework, and incentivized bonds

Brazil's Secretary of the Treasury, Daniel Leal, has stated that there is zero chance of a default on the country's public debt. He attributes the current high interest rates and lack of demand for long-term inflation-indexed bonds to global economic factors, including high inflation in developed countries and increased borrowing costs.

Leal believes that after the upcoming elections, uncertainties will decrease, leading to lower interest rates. He also defended the government's fiscal framework, but acknowledged that it can be improved with further measures.

Written by urgent.news from Brazil Journal's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at braziljournal.com →

More in Finance & Markets

More from Wednesday 19 August →