On the other hand, the reopening of a Discount Bill (Lede), which will have a second round on Friday for the entities that are part of the group of Market Makers. for $90,000 million maturing on February 28, 2023 with a price to be determined in the market. Finally, it is put on the table an adjustable bonus per official dollar (linked dollar) as of July 31 of the year nextwhich is not part of the Market Makers program and therefore will not have a second round.
Alejo Rivas, research analyst at Balanz, told Ámbito that “It seems to be a tender aimed at the portfolios of the T+1 funds, due to the February Lede, and at investors who need dollar-linked coverage”. “We see the Lede as a good investment alternative in pesos in case inflation levels such as those of September (6.2%) are maintained. and if the effective annual rate of 115% of the secondary market is validated, “said Rivas. The Balanz analyst indicated that “in the case of the bonus dollar-linked, we understand that it is attractive mainly for investors who need coverage and do not get enough volume in the secondary market”.
While, a measure known in the last hours, Decree 712 of the Executive Power, which has a budget modification to give greater credits to defense and intelligence agencies, He anticipated the possibility that in the last two months of the year there will be a new call from the Ministry of Finance for an exchange of assets, as happened last August.
In the recitals of that decree it is stated that “with the aim of extending the maturities of debt services in pesos” the 2022 financial program “It is proposed to continue implementing the asset conversion strategy started in August of this year.” The text adds that “This strategy aims to clear the next maturities of the sovereign debt in pesoswhich will make it possible to soften the debt profile, build a more sustainable maturity path, alleviate the debt burden and improve the payment capacity of the National Treasury, in a context of economic growth and a relative improvement in the variables macroeconomics”.
Source: Ambito
David William is a talented author who has made a name for himself in the world of writing. He is a professional author who writes on a wide range of topics, from general interest to opinion news. David is currently working as a writer at 24 hours worlds where he brings his unique perspective and in-depth research to his articles, making them both informative and engaging.
