“Ministry of Economy Achieves Successful Placements and Positive Financing in Latest Tender”

2023-05-17 20:48:00

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The Ministry of Economy achieved placements for $751,742 million, obtaining net debt for a total of $162,603 ​​million. With this result, the positive financing so far this year is more than $910,000 million.

From Economy they reported that the next tender will take place on Monday, May 29.

The Ministry of Economy passed the May test by achieving placements for $751,742 million and obtained net debt for a total of $162,603 ​​million. With this result, the positive financing so far this year is more than $910,000 million.

From the portfolio that leads Sergio Massa They pointed out that the majority of support came from the private sector. In addition, they explained that the support was also produced from the extension of the maturity profile, on which they highlighted that 56% of the instruments have maturities between September 2024 and August 2025.

In the current tender, 7 titles stood out. On the one hand, a new LELITE was issued maturing on June 16, 2023, exclusively for Mutual funds. Two letters were also reopened, one adjusted by CER -X18S3- maturing on September 18, and one linked to the US dollar, D31O3, maturing on October 31, both maturities corresponding to 2023.

In addition, there was a reopening of an adjustable bonus for CER, T2X3, maturing on August 13, 2023. Finally, there were three new issuances, highlighting a bill adjusted by CER -X18O3- maturing on October 18, 2023, a dollar-linked bond maturing on September 30, 2024, and a CER-adjustable bond maturing on August 23, 2025.

During the current tender, 1,373 offers were received for a value of $808,851 million. Of that amount, $605,594 million were awarded, which represents a cash value of $751,742 million.

It should be noted that at the expiration of this day the National Treasury faced maturities for $589,139 million, for which it obtained positive net financing for $162,603 ​​million.

Also, this Thursday the second round of the tender will take place. Offers may be received and awarded for up to 30% of the total face value awarded in this Wednesday’s tender. The instruments that are part of the program are: National Treasury Bond in pesos adjusted by CER (T2X3), two National Treasury Bills in pesos adjusted by CER (X18S3 and X1803) and a National Treasury Bill linked to the US dollar (D31O3). .

From Economy they reported that the next tender will take place on Monday, May 29.

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