The state body tries to award public debt papers in the short, medium and long term during the current month.
He Central Bank of Uruguay (BCU) published a new tentative schedule for the placement of public debt securities in nominal pesos and Treasury Notes in Indexed Units (UI) for next week. Between Monday the 12th and Friday the 16th of June there will be tenders more than 17,000 million pesos in four placements issued by the financial institution.
On May 24, the BCU was only able to place less than half of the 90-day bills in pesos offered, revealing the little interest of the Uruguayan market in the papers in the short and medium term.
Bidding dates for the first week of June
He Monday June 12at 2:00 p.m., the first title in pesos for 5,800 million pesos (almost 150 million dollars) with a term to 28 dayswith a maturity date of Monday, July 10, 2023. In this total, 1,160 million pesos (almost 30 million dollars) will be non-competitive placements.
He Tuesday June 13at 2:30 p.m., the Treasury Note 2034 (Series 29) by 275 million IU with a term of 11.2 yearsand a due date of August 24, 2034. This tender will not have non-competitive placements, and equivalent to more than 1,600 million pesos (or more than 41 million dollars).
He Wednesday June 14at 2:00 p.m., the bidding for a title in pesos will be held for 4,000 million pesos (almost 155 million dollars) with a 84 day period, and a maturity date for September 6 of the current year. Within the total, some 800 million pesos (almost 21 million dollars) will be non-competitive placements.
Lastly, the Thursday June 15also at 2:00 p.m., the last title in pesos of the week will be tendered, for other 5,800 million pesos (almost 150 million dollars) with a term to 350 daysand a maturity date of May 31, 2024. Of the total, 1,160 million pesos (almost 30 million dollars) will be non-competitive placements.
Source: Ambito
