In total, the Ministry of Economy awarded almost $1.2 trillion in debt securities in December.
During the event, within the framework of the Market Makers program -destined for the secondary market of large brokerage firms- A total of 17 offers were submitted, in which $22,942 million were awarded at nominal value, which is equivalent to a cash amount of $17,794 million.
On Wednesday, the date on which the Treasury faced maturities for $62,685 million, 1,426 offers were received for VNO $606,982 million, of which a VNO of $411,969 million was awarded, which represented an effective value of $326,610 million, almost 10 times more than what was required to pay the commitments.
The next tender will take place on Wednesday January 18, according to the preliminary bidding schedule for the first half of 2023.
Two weeks ago, Economy obtained some 815,000 million that allowed it to add fiscal room for maneuver in the last month of the year, historically with higher public spending and, at the same time, avoid resorting to the monetary issue to cover debt payments or finance year-end expenses.
In January it will have to face maturities with the private sector for $600,000 million, out of a total of $1.1 trillion.
In February, maturities with the private sector reached $800,000 million, according to private estimates.
Source: Ambito
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