The mega debt swap in pesos is “the largest in Argentine history,” he said this Thursday Finance Secretary Eduardo Setti, before the final result of the operation carried out by the Treasury is known.
“Today we carry out the largest public debt swap in Argentine history in the domestic market; not only because of the economic significance of the impact on public accounts but also because it covers the most important cumulative maturities of the second semester,” Setti said in a tweet.
The Government sought to clear maturities for close to $10 trillion that occur between this month and September. Most of the maturing securities were in the hands of state agencies, so that both among private investors and among the men on the Finance Secretary’s team hopefully there will be a good answer from the holders.
The voluntary conversion of assets in pesos announced this week was carried out “very successfully”The government spokeswoman also said. The swap “The second semester clears a lot, it completely clears the debt in pesos in the second semester,” said the official spokesperson, Gabriela Cerruti, at a press conference.
Source: Ambito
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