Annual Borrowing Plan
The Annual Borrowing Plan – PAF is one of the main instruments used by the National Treasury to inform the market agents and the society the financing guidelines for the Federal Public Debt (FPD) management, including the goals and innovations proposed. This publication, which enhances transparency and predictability of the FPD, offers an detailed analysis of the actions of the National Treasury, presenting the objectives, guidelines and targets that will be pursued in a given year.
Consult in the links below the last available issue and a presentation that summarizes its main points.
Annual Borrowing Plan 2019