Brazil Treasury faces R$1.8tn refinancing in 12 months; Selic-linked debt at record

Brazil's public debt maturing within one year rose to 19.95% in September, with the Selic-linked premium hitting a record for 2026. This signals rising rollover risk and fiscal stress, pressuring the BRL and long-end yields. The development is part of a broader deterioration in Brazil's debt dynamics amid high interest rates.

AI disclosure: Model-written summary of the source, not a verified fact. Check the sources. How Mosaic works