The government portfolio will issue public debt for an amount close to 465 million dollars between January and July.
The Ministry of Economy and Finance will present a full tentative debt placement schedule.
Photo: Unsplash
He Ministry of Economy and Finance (MEF) announced new tenders for Treasury Notes in nominal weights (UYU), Indexed Units (UI) and Previsional Units (UP) for an amount close to 465 million dollars between January and July of this year.
The government portfolio reported the tentative schedule for placement of public debt for the first half of the year, comprised of 12 reopenings and 3 new instrument emissions (in UYU, UI and UP). Of the total amount in dollars, 52% corresponds to Notes in UP; 39% in UI, and 9% in UYU.
Regarding new emissions, the Note in UYU Series 11 with a maturity date of December 7, 2026, it will take place on February 6, for a tendered amount of 600 million pesos. The Series 7 in UP Expiring on February 21, 2029, it will be auctioned on February 20 for 1.2 billion units; while the Note on UI Series 32due on February 28, 2036, will be tendered on February 27 for 200 million units.
The amortization scheme Series 11 is at maturity, while the Series 7 and the Series 32 They are amortizable, that is, they repay the capital through equal, annual and consecutive payments over the last three years.
The Uruguayan site specialized in personal finances, Sherpa Staff, highlights the recalibration of supply in UP, which was established in a shorter term, 2029/2036 versus 2036/2040. Likewise, the site suggests that this type of notes could become the “new favorite” for agents.
Emissions calendar January – July
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Image: Public Debt Management Unit
The Debt Management Unit of the MEF clarifies that in the case of the Treasury Note in UI (Series 31) and the Treasury Note in UYU (Series 11)the capital will be fully amortized in a single payment at maturity.
At the same time, in the tenders corresponding to the Series 31 in UI, Series 11 in UYU and Series 7 in UPyou can also integrate, as a form of payment, the Monetary Regulation Bills (LRM) issued by the Central Bank of Uruguay (BCU) in all maturity periods.
Source: Ambito
