Economy raised funds for almost three times what it was looking for: it obtained an extra amount of $ 81,120 million

Economy raised funds for almost three times what it was looking for: it obtained an extra amount of $ 81,120 million

For its part, in the year it accumulated positive net financing of $ 592,645 million, which implies a refinancing rate of 120% per year.

In this tender, the menu of instruments offered consisted of 5 titles with maturities in 2021, 2022 and 2023. A new LELITE was issued with maturity on December 15, 2021 and the discount bill (LEDE) was reopened, with maturity 31 January 2022 and the LECER, expiring on June 30, 2022.

In addition, the TY22P fixed rate bonds, maturing on May 21, 2022, and the bond in pesos adjustable by CER, maturing on March 25, 2023 (TX23) were reopened.

Economy reported that 527 offers were received, representing a total of VNO $ 141,868 million, awarding an effective value of $ 126,063 million.

Of the total financing obtained, 10% corresponded to the LELITE, 78% to instruments maturing in 2022 and the remaining 12% in 2023. Likewise, 63% of the amount awarded was in fixed-rate instruments and the remaining 37% on CER adjustable instruments.

Thus, at the end of the second of the three tenders scheduled for the month, the National Treasury accumulates a positive net financing of $ 149,388 million. In the last tender of the month, to be held on November 26, the maturities to face total $ 225,700 million.

Source From: Ambito

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