Federal debt ends 2011 at R$1.87 trillion

Brazil's total federal debt widened in December as the Treasury issued new debt in Brazil, the government reported Monday.

In a statement, Brazil's Treasury said the country's federal debt widened 1.79% from November to R$1.87 trillion.
   
The country's domestic federal debt load rose 1.74% in December to R$1.78 trillion. The Treasury said Brazil's outstanding federal debt overseas rose 2.93% to the equivalent of R$83.3 billion from November.
   
The Treasury issued R$38.7 billion in new debt and paid off R$L25.9 billion in December, leaving net new issuance at R$12.7 billion.
   
The average accumulated cost of the debt over the past 12 months rose to 12.83% in December, from 12.68% in November.
   
The federal debt figures released Monday represent a key element of Brazil's consolidated public-sector debt figures scheduled for release Tuesday.