The government portfolio and the Central Bank of Uruguay continue with their tentative debt placement schedule.
He Ministry of Economy and Finance (MEF) re-tendered Treasury Notes (NT) in nominal weights (UYU) and received a demand that was almost three times greater than the initial offer, accepting more than the entire amount initially proposed.
The government portfolio tendered Treasury Notes (Series 11) maturing in 2026 for 1.2 billion pesos (around 30 million dollars), receiving almost three times the demand, for more than 3.569 billion pesos (more than 88 million dollars), finally accepting the amount offered for 1.359 billion pesos (almost 34 million dollars).
The NT in UYU had a cut-off price of 100.43 and were yielding 8.9030%, according to the report Electronic Stock Exchange of Uruguay (Bevsa)The integration date will be this Wednesday, July 31, and the expiration date is December 7, 2036.
Tentative debt placement schedule
This Wednesday, the 31st, at 2:00 p.m., another bond in nominal pesos for 6.7 billion pesos (more than 166 million dollars) will be awarded with a term of 84 days, and a maturity date of October 23 of this year. The same will have its integration date on the same day and some 1.34 billion pesos (about 33 million dollars) of non-competitive placements.
Finally, on Friday, August 2 at 2:00 p.m., the last nominal peso bond of the week will be auctioned, for another 5.8 billion pesos (about 144 million dollars) with a term of 175 days and a maturity date of January 24 of next year. Of the total, 1.16 billion pesos (almost 29 million dollars) will be non-competitive placements, while the integration date will be the same day.
Source: Ambito
