The monetary authority will place securities with maturities of 35, 91 and 175 days. The NT series 11 in nominal pesos is reopened.
He Central Bank of Uruguay (BCU) and the Ministry of Economy and Finance (MEF) This week, they will try to place four domestic public debt securities on the market with different maturities, for 19.5 billion pesos between Monday and Friday.
The first tender of the week will begin this Monday 26th at 2:00 p.m., the first title in pesos will be auctioned for 8.3 billion pesos ($205.63 million) with a 35 day termwith a maturity date of Monday, September 30 of the current year. Of this total, 1.66 billion pesos (almost 28.74 million dollars) will be non-competitive placements and will have their integration date on the same day.
On Tuesday 20th, at 2:30 p.m., the award will be made Treasury Note Series 11 in nominal pesos (UY) for 1.2 billion pesos (about 29.73 million dollars) with a term of 2.3 years, and a maturity date of December 7, 2026. This tender will not have non-competitive placements and the integration date is the following day.
On Wednesday 28th at 2:00 p.m., a bond in pesos for 4.2 billion pesos (a total of 104.06 million dollars) will be awarded with a term of 91 days, and a maturity date of November 27 of this year. It will have the following date: integration date the same day. This tender will have 840 million pesos (20.81 million dollars) of non-competitive placements.
Finally, on Friday 30th at 2:00 p.m., the last title in pesos of the week will be auctioned, for others 5.8 billion pesos ($143.70 million) with a 175-day termand a maturity date of February 21 of next year. Of the total, 1.16 billion pesos (28.74 million dollars) will be non-competitive placements. Meanwhile, the integration date will be that same day.
The latest tender for NT 11 exceeded demand
At the end of July, 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 Electronic Stock Exchange of Uruguay (Bevsa).
Source: Ambito
