The treasure awarded almost all of the tendered ($ 3,788 billion) at a rate of 1% TNA, and the Government announced that in this way “monetary absorption is reinforced after the increase in lace of the BCRA”.
The secretary of Finance, Pablo QuirnoHe announced that in the tender $ 3,788 billion was awarded on a total of offers received for $ 3,799 billion. On this occasion the government managed to refinance at a cost equivalent to that of a fixed wholesale period plus 1%.
Quirno said: “This tender COntribute to complete the monetary absorption objective After the lace rise implemented by the BCRA, “he announced. It is to remember that the last call, today some $ 5.8 billion were settled.
In the tender on Wednesday of the last week about $ 9 billion were renewed over a total of $ 15 billion. The difference of $ 2 billion of this day went to the lace rules of the banks. In this regard, the director From the Central Bank Federico Furiase said: “No weight goes to the street.”
Furiase
The jEUVES The BCRA announced a 5 -point lace rise for deposits in view of group banks A, of the common funds, Money Market and the Caúcion. Until November 28, the lace of the former will increase from 45% to 50%, while from the latter they will pass from 40% to 45%.
This increase It can be integrated with public titles. In addition, 3 additional points can be integrated with treasure titles acquired in special tenders.
Pablo Lazzati, CEO of Insider Finance said that “today’s tender was positive If we analyze the three main results: the amount awarded, the rate offered and the effect on Cajución “.
“Almost 100% of the offers received, that is, There was consensus between banks and treasure. The rate offered is very reasonable and in line with what was expected, “said Lazzati.
The analyst indicated that “I already know View in the secondary market that the subsequent bond rates to the liquidation date of this tender are already leveling around 40%very positive fact if we think they came to play 75% these days. ”
Source: Ambito
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