Brazil's Treasury sees federal debt rising up to 19% in 2026

BRASILIA, Jan 28 (Reuters) - Brazil's Treasury on Wednesday set a target to close this year with federal public debt between 9.7 trillion and 10.3 trillion reais ($1.86-1.98 trillion), implying an increase of up to about 19% from the 8.635 trillion reais recorded in 2025.

In its Annual Financing Plan, the Treasury said it expects a "more frequent market presence, with consistent dollar issuances and openness to other currencies such as the euro and yuan, broadening the reach of Brazil's financing strategy."

($1 = 5.2074 reais)