OREANDA-NEWS. Fitch Ratings has published a special report discussing the most frequent investor questions regarding Brazilian subnationals. Topics include a comparison of Brazilian subnationals and the federal government, key metrics to evaluate Brazilian states and municipalities, and the role the Federal government plays as lender to subnationals.

Among these questions, Fitch is also including comments on the priority of debt service over suppliers under an environment of rising payment delays and how these challenges relate with the possible default of Brazilian states.