He BCU awarded 6,060,280 pesos for 30 days, at a cut-off rate of 9.01%, falling 0.04% in relation to the previous auction, an expected effect due to the softening of the monetary policy rate that was maintained in the last Monetary Policy Committee (Copom) in 9%.
Last week, the cut-off rates of the securities tenders of the BCU They were 9.04% at 30 days; 9.14% at 90 days; and 9.05% at 360 days. These levels are favorable to remunerate short-term positions in local currency, mainly in terms of 1 and 2 years, they noted in Puente.
This Tuesday, the Central Bank will award LRM for 4.2 billion pesos (a total of 111.34 million dollars) with a term of 91 days, and a maturity date of June 26 of this year. It will have the integration date on the same day. This tender will have 840 million pesos (22.27 million dollars) of non-competitive placements.
Finally, on Wednesday the last title in pesos of the week will be auctioned, for another 4.2 billion pesos (almost 111.34 million dollars) with a term of 191 days, and an expiration date of October 4 of this year . Of the total, 840 million pesos (almost 22.27 million dollars) will be non-competitive placements. Meanwhile, the integration date will be the same day.
Source: Ambito
