He Ministry of Economy and Finance (MEF) placed close to 137 million dollars in the successful reopening of the Treasury Note Series 31 in Indexed Units (UI), which once again captured the interest of investors.
Within the framework of its strategy to fund itself with public debt, For the third time so far in 2024, the government launched the title with a maturity of 4.8 years, with an amount to be tendered that was more than double that on previous occasions.
Specifically, the MEF It offered 450 million UI (about 70 million dollars) and had a demand for 1,079 million UI (about 169 million dollars), of which an amount of 878 million UI (about 137 million dollars) was accepted.
The security maturing on January 18, 2029 had a cut of 101.82 and a Internal rate of return (IRR) of 2.82% and its integration will be this Wednesday at 2:30 p.m.
How is the bidding schedule going?
On the other hand, on Wednesday the 29th at 2:00 p.m., the tender for a title in pesos by 3.3 billion pesos (almost 85.73 million dollars) with a term of 105 days, and an expiration date of September 11 of the current year. Of that total, some 660 million pesos (17.15 million dollars) will be non-competitive placements, with an integration date on the same day.
Finally, on Thursday the 30th, also at 2:00 p.m., the last title in pesos of the week will be auctioned, for others 5,000 million pesos (almost 129.90 million dollars) with a term of 385 days, and an expiration date of June 20 of next year. 1,000 million pesos (almost 25.98 million dollars) will be non-competitive placements and the integration date will be Friday.
Source: Ambito
