Page content
2020 Annual Borrowing Plan Revision
The National Treasury announces the revision of the indicative limits defined in the 2020 Annual Borrowing Plan (2020 ABP) for the Federal Public Debt (FPD) outstanding volume, profile and maturity structure, to be met at year-end. The increase in federal government borrowing needs represents the main impact on the FPD arising from the COVID-19 pandemic and its unfolding effects on the Brazilian economy. The ABP borrowing strategy was, therefore, adjusted to admit room for an increase in total issuances’ volume, leading to an upward shift of the indicative ranges for FPD outstanding volume. […]