Insight

Brazil's mounting debt: what are the risks?

Loading current market price

Get this report

Loading current market price

Get this report as part of a subscription

Enquire about Subscriptions

Already have subscription? Sign In

Further information

Pay by Invoice or Credit Card FAQs

Contact us

For further information about this report submit the form below.

Report summary

The fiscal position of the Brazilian government has deteriorated rapidly over the past year and is likely to get worse before it gets better. This will drag on the economy even if a sovereign default is avoided. The debt dynamics of many corporates are even worse; high levels of US dollar denominated debt and a tumbling currency are straining corporate balance sheets. Fiscal retrenchment corporate defaults and job losses will be a drag on the economy in the short to medium term while faltering public and private investment will have long lasting repercussions for growth.

What's included

This report contains

  • Document

    Brazil's mounting debt: what are the risks?

    PDF 314.53 KB

Table of contents

Tables and charts

This report includes 9 images and tables including:

Images

  • Brazilian government balance
  • Government debt
  • Currency tumbles; inflation soars
  • Borrowing costs have risen sharply
  • Public investment into transport infrastructure
  • Share of debt denominated in foreign currencies
  • Barclays Brazilian corporate bond index - yield
  • Petrobras debt and gearing
  • Petrobras net-debt outlook

Questions about this report?

  • Europe:
    +44 131 243 4699
  • Americas:
    +1 713 470 1900
  • Asia Pacific:
    +61 2 8224 8898