The government portfolio had offered 200 million Indexed Units and ended up accepting double that, about 400 million.
He Ministry of Economy and Finance (MEF) re-tendered Treasury Notes in Indexed Units (UI) and received a demand more than five times greater than what was initially offered, ending up accepting double the amount that was tendered.
The MEF put out to tender Treasury Notes (Series 31) maturing in 2029 for 200 million UI (more than 30 million dollars), receiving more than five times the demand, for more than 1,067 million UI (almost 162 million dollars), finally accepting an amount for more than 400 million UI, that is, more than 60.7 million dollars.
The Treasury Notes had a cut-off price of 102.37 and were yielding 2.7360%, as reported by the Uruguayan Electronic Stock Exchange (Bevsa). The integration date will be this Wednesday, January 24 and the expiration date is January 18, 2029.
Tentative debt placement schedule
Tomorrow, Wednesday the 24th, at 2:00 p.m., the bidding for a title will be held in nominal weights (UYU) for 5,800 million pesos (almost 150 million dollars) with a term of 105 days, and a maturity date of May 8 of this year. Within the total, some 1,160 million pesos (almost 30 million dollars) will be non-competitive placements.
In turn, during the last day of the week, also at 2:00 p.m., the last title in UYU of the week, for about 3,300 million pesos (more than 85 million dollars) with a term of 357 days, and an expiration date of January 17 of next year. Of the total, 660 million pesos (more than 17 million dollars) are non-competitive placements.
Source: Ambito
