According to Joint Resolution 48/2024 published in the Official Gazette, this is the Dual Bond maturing on August 30, 2024 (TDG24) originally issued on June 8, 2023. It will be at the market price of August 15 with settlement in 24 hours, for a nominal vote of $110,280.
It is also clarified that the securities received through the operation implemented by Article 1 of this resolution will be removed from the public debt records and the measure will come into effect as of Monday, August 19.
The cleanup of the Central Bank involves the elimination of the debt that the BCRA has with public and private banks and their voluntary transfer to the Treasury, as preparation for moving on to a third phase, of ‘exit from the restrictions and growth’.
Public debt fell slightly to US$456.267 billion in July
The Finance Secretariat, in charge of Pablo Quirnoreported that “the total gross public debt of the Central Administration rose in July by USD 9,566 million, to USD 452,071 million, of which USD 449,617 million is in normal payment status,” which meant an increase of 2.2% compared to the June balance.
The variation is explained exclusively by the increase in commitments in national currency equivalent to US$10,231 million, given that those assumed in foreign currency decreased by US$665 million, the official statement highlights.
With such an increase, the total gross debt stock of the Central Administration at the end of the seventh month of 2024 was USD 26,777 million higher than the previous historical record of total public debt, equivalent to USD 425,294 million, which had been reached in November 2023, the last full month of the government’s management. Alberto Fernandez and Cristina Fernandez de Kirchnerwith the then presidential candidate, Sergio Massahead of the Ministry of Economy.
Source: Ambito
