The Government published two tenders to import the highest denomination banknotes and meet the issuance needs of the BCRA. This is the planned process.
The Mint published two tenders to transport tickets of $1,000 from Europe in order to cover the peso issuance needs that the Central Bank (BCRA) throughout the year.
Both processes will be carried out under the modality Open Purchase Orderestablished in article 17 of the regulations for Procurement of Mintthis modality proceeds in the event that the amount of goods or services had only been predetermined in the contract in an approximate way, in such a way that the organization can carry out the requirements according to its needs during the period of duration foreseen and at the price awarded unit.
This implies that Mint You are not obliged to use the maximum totality of the tendered flights, although, in principle, on this occasion, up to eight flights are expected to be carried out from Malta and six from Paris, the capital of France and the contracting of services would have a value of around US$33 million.
As revealed by the Bloomberg Línea portal, it would be a total purchase of 260 million $1,000 bills (80 million from Paris and 180 million from Malta), although these numbers were not confirmed by the Mint due to confidentiality issues required by monetary policy.
Mint seeks to reduce issuance costs
Meanwhile, they did report that they will seek replace all air transport services by sea with the aim of reducing costs. And, on the other hand, they assured that they are undergoing a modernization process, which includes the purchase, installation and fine-tuning of new ticket printing technology, to achieve self-sufficiency and position itself as an important competitor in the ticket market.
Meanwhile, it should be mentioned that There are currently 3,100 million units of $1,000 bills to which will be added the new specimens imported from Malta and Paris. However, the market is still waiting for the arrival of the $2,000, with tribute images to Cecilia Grierson, the first Argentine doctor, and former Health Minister Ramón Carrillo.
“It is scheduled for mid-year, as announced at the time,” as confirmed to Ambit official sources. While, the $5,000 billwhich had also been discussed at the time, “is not on the agenda for now.”
Source: Ambito
