The Ministry of Economy and the two secretariats of Treasury and Finance made official the issue of securities that attracted the interest of investors.
After the Debt auction that allowed the Government to place bonds worth $4.4 billion, he Ministry of Economy, The Ministry of Finance and Treasury officially issued the securities that attracted the interest of investors in the two auctions of the month.
Through the Joint Resolution 50/2024 Published this Thursday in the Official Gazette, Finance clarified that the offer for a treasury bill maturing in November 2024 and another bill maturing on February 14, 2025, was declared at that time “deserted” which makes its reopening impossible.
Following this clarification, he states that these instruments will be issued:
- National Treasury bill capitalizable in pesos with maturity on November 11, 2024
- National Treasury bill capitalizable in pesos with maturity on June 30, 2025
- National Treasury bill capitalizable in pesos maturing on February 28, 2025.
- National Treasury bond in pesos with zero coupon with CER adjustment, maturing on November 15, 2026
- National Treasury bond in pesos with zero coupon and CER adjustment, maturing on November 15, 2027
These operations, whose maturities occur in future years, are within the limits established by the budget law.
Public debt: details of the new instruments
- Capitalizable National Treasury Bill in pesos maturing on November 11, 2024 for a nominal amount of 5 trillion, with the following financial conditions:
- Release date: August 30, 2024.
- Expiration date: November 11, 2024.
- Currency of denomination, subscription and payment: pesos.
- Original issue price: par.
- Amortization: full at maturity.
- Interest: will pay interest at an effective monthly rate capitalized monthly until the maturity of the instrument, which will be determined in the tender.
- Negotiation: It will be negotiable and its quotation will be requested in the Electronic Open Market (MAE) and in stock exchanges and securities markets of the country.
- Ownership: Global Certificates will be issued in the name of the Central Registry and Settlement of Public Liabilities and Financial Trusts (CRYL) of the Central Bank of the Argentine Republic (BCRA), in its capacity as Registration Agent of the Letter.
- Tax exemptions: You will enjoy all tax exemptions provided for in the laws and regulations in force on the matter.
- Applicable law: law of the Argentine Republic.
- National Treasury Bill capitalizable in pesos maturing on June 30, 2025, for an amount of up to $5 billion.
- Release date: August 30, 2024.
- Expiration date: June 30, 2025.
- Currency of denomination, subscription and payment: pesos.
- Original issue price: par.
- Amortization: full at maturity.
- Interest: will pay interest at an effective monthly rate capitalized monthly until the maturity of the instrument, which will be determined in the tender.
-
Negotiation: it will be negotiable and its quotation will be requested in the MAE and in the country’s stock exchanges and markets.
-
Ownership: Global Certificates will be issued in the name of CRYL of the BCRA, in its capacity as Registration Agent of the Letter.
- Tax exemptions: You will enjoy all tax exemptions provided for in the laws and regulations in force on the matter.
- Applicable law: law of the Argentine Republic.
- National Treasury Bill capitalizable in pesos with maturity on August 29, 2025, for a nominal amount of $5 billion:
- Release date: August 30, 2024.
- Expiration date: August 29, 2025.
- Currency of denomination, subscription and payment: pesos.
- Original issue price: par.
- Amortization: full at maturity.
- Interest: will pay interest at an effective monthly rate capitalized monthly until the maturity of the instrument, which will be determined in the tender.
-
Negotiation: it will be negotiable and its quotation will be requested in the MAE and in the country’s stock exchanges and markets.
-
Ownership: Global Certificates will be issued in the name of CRYL of the BCRA, in its capacity as Registration Agent of the Letter.
-
Tax exemptions: You will enjoy all tax exemptions provided for in the laws and regulations in force on the matter.
- Applicable law: law of the Argentine Republic.
- Extension: National Treasury Bill capitalizable in pesos maturing on February 28, 2025 for a nominal amount of $626,760,651,969.
- Extension: National Treasury bond in pesos with zero coupon and CER adjustment, maturing on December 15, 2026, for a nominal amount of $3 billion ($3,017,924,138,360).
- Extension: National Treasury bond in pesos with zero coupon and CER adjustment, maturing on December 15, 2027, for a nominal amount of $2 trillion ($2,800,000,000,000).
Source: Ambito
