Demand for NT S11 far exceeded supply and the cut-off rate was set at 8.76%.
He Ministry of Economy and Finance (MEF) re-tendered Treasury Notes (NT) in nominal pesos (UYU) and awarded double the amount offered after demand exceeded supply, in a new example of eagerness for this type of instruments on the part of the local market in the face of the low figures of inflation.
The MEF put out to tender UYU Treasury Notes (Series 11) maturing in 2026 for 1,000 million pesos (more than 25 million dollars), receiving more than double the demand and finally awarding an amount for 2,002.5 million pesos, that is , more than 51.5 million dollars.
The Treasury Notes remained yielding 8.76%, according to the Public Debt Management Unit of the MEF. The integration date will be this Wednesday the 17th and the expiration date is December 7, 2026 (term 2.6 years).
BCU’s tentative debt placement schedule
On Wednesday the 17th, at 2:00 p.m., the tender will be held for a title in pesos for 5,000 million pesos (more than 127 million dollars) with a term 84 days, and an expiration date of July 10 of the current year. Within the total, some 1,000 million pesos (more than 25 million dollars) will be non-competitive placements.
Finally, on Thursday, Also at 2:00 p.m., the last title in pesos of the week will be auctioned, for about 5.8 billion pesos (about 127 million dollars) with a term 371 days, and an expiration date of April 25 of next year. Of the total, 1,160 million pesos (more than 29 million dollars) will be non-competitive placements. The integration date of the title will be the following day.
Source: Ambito
