55.7% of the debt is indexed for inflation, 33.7% are dual bonds and 8.3% are instruments tied to the dollar, according to data published by the news agency mentioned above.
The Treasury will have another appointment to bid on Tuesday, November 21 and according to private estimates, Finance will have to face maturities that are close to $1.4 trillion and that almost 97% is in private hands.
After executing the payment during this week to International Monetary Fund(IMF) for US$2,590 million, the Government will have to face obligations in pesos. At the end of October, all of the maturities that were in effect on that date were renewed, for half a trillion pesos, and additional financing was achieved for more than $700,000 million.
However, according to the Bloomberg agency, the main risk of the maturity profile that the next government will have to face is that 97.7% of that debt is tied, both to the dollar and to inflationor both variables.
According to private estimates, the maturities for the next 12 months amount to $24.6 billion, something close to 15.3% of the Gross Domestic Product of the last year. Along these lines, six of the next 12 months concentrate 83% of the maturities. Thus, the months with load actors will be April (17% of the total of the next 12 months), July (16%), October (16%), February (13%), August (11%) and March (10%). .
In this way, and55.7% of the debt is indexed for inflation, 33.7% are dual bonds and 8.3% are instruments tied to the dollaraccording to data published by the news agency mentioned above.
Debt: in whose hands is it
According to a Facimex Valores report cited by Bloomberg, 43% of maturities in the next 12 months are in the hands of the public sector. With the Central Bank, ANSES, Banco Nación and other public banks.
Meanwhile, 24% of the maturities of the next 12 months (42% of the maturities with private parties) are held by private financial entities and mutual funds. The banks would have 17% (29%) and the Funds 7% (13%).
The Treasury will have another appointment to bid on Tuesday, November 21 and according to private estimates, Finance will have to face maturities that are close to $1.4 trillion and that almost 97% is in private hands.
Source: Ambito
