In the Ministry of Economy there is a promise that has been repeated like a mantra since Martín Guzmán was in charge of managing the Palacio de Hacienda. The name changes, first with Silvina Batakis and then with Sergio Massa, did not modify the pact, which was even sealed by fire in the agreement with the IMF: the Government will seek to give the market positive real rates, as a way of rewarding the currency and bet on financing in the domestic market. However, bidding after bidding, yields on securities in pesos left the market little pleased, with rates below inflation. The current management of the Ministry of Finance, commanded by Eduardo Setti and in team with Lisandro Cleri, has on its agenda a Treasury financing management that seeks to validate, at least, 6 or 7 points above the yields of the Central Bank .
Source: Ambito
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