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Brazil sees 2021 public debt as high as 5.9 trillion reais, debt profile shortening

·1 min read

BRASILIA, Jan 27 (Reuters) - Brazil's outstanding public debt is expected to rise this year to between 5.6 trillion reais and 5.9 trillion reais, marking an increase of up to 17.8% on last year's 5.01 trillion reais ($928 billion), the Treasury said on Wednesday.

The Treasury said it expects the average maturity of Brazil's debt profile this year to shorten to between 3.2 and 3.6 years from 3.6 years in 2020, and for the share of debt maturing over the next 12 months to be between 24% from 29%, compared to 27.6% last year. (Reporting by Jamie McGeever)