April 8, 2021
The Brazilian government faces an estimated BRL1.35 trillion ($239 billion) in debt maturities in the local market this year, mostly in the first half, leaving it exposed to "shocks and rollover risks," Fitch Ratings said in a report on Wednesday.
Debt maturing this year equals nearly 17% of GDP, but the an array of institutional investors "with a domestic bias" could make it easier for the government to refinance in the local market, Fitch said.
In addition, the government had a "liquidity buff
South American nation faces $239 bln in local debt maturities this year alone, according to the rating agency