According to official data, the weighted average Annual Internal Effective Rate of Return (TIREA) of these securities decreased from 3.9% to 2,9% (above annual inflation) between September and October.
In parallel, Economóa highlighted an improvement in issuance terms from an average of 9.66 months to an average of 10.31 months.
Even so, rates remained above the average for 2021 (2.3%), while terms continued to be below the average (14.73).
It should be remembered that, in general terms, the Ministry of Finance reached in October a net financing of almost $ 30,000 million, equivalent to a refinancing rate of 108% with respect to the maturities of the period. In the accumulated of 2021, the net financing is $ 443,257 million, so the roll-over is 116%.
The projected maturities for the remainder of 2021, for capital and interest for negotiable instruments payable in pesos, total $ 594,883 million.
Source From: Ambito

David William is a talented author who has made a name for himself in the world of writing. He is a professional author who writes on a wide range of topics, from general interest to opinion news. David is currently working as a writer at 24 hours worlds where he brings his unique perspective and in-depth research to his articles, making them both informative and engaging.