At the same time, the general investing public will be able to choose three discounted letters (Ledes), with expiration dates in March, April and May 2022. These three titles make up the Market Makers Program, for which they may be subscribed in the second round of the bidding.
Finally, a bond adjustable to the official dollar will also be placed. (Dollar Linked) maturing in April 2023, and two bonds tied to the evolution of the Reference Stabilization Coefficient (Fuck), with deadlines in August 2023 and March 2024, respectively.
It is worth noting that according to the latest public reports, December maturities in pesos amounted to close to $ 300,000 million, although most of it is concentrated at the end of the month.
The bidding of the Lelites will be for adhesion to the price of $ 985.04 and $ 971.84 respectively, for each $ 1,000 of Nominal Value (VNO) with a single tender.
The tendering of the rest of the instruments will be carried out by indicating the price. The indexed public securities and the March Lede will have no minimum or maximum price. For the April Lede, it must be equal to or less than the maximum price of $ 865.54 for each VNO $ 1,000, while for May, it must be equal to or greater than the minimum price of $ 834.01 for each VNO $ 1,000.
In these cases, there will be a competitive and a non-competitive leg. The offers that are presented in the competitive tranches must indicate, for Linked Dollars, the amount of VNO in US dollars to be subscribed and the price in US dollars for each VNO u $ s1,000, while in the case of Ledes and Boncer the amount of VNO in pesos to be subscribed and the price in pesos for each VNO $ 1,000, in both cases, with two decimal places.
Offers submitted in non-competitive tranches will be limited to a maximum amount of VNO $ 3,000,000, for instruments denominated in pesos and VNO u $ s50,000, for those linked to the US dollar, only the amount to be consigned to subscribe.
The instruments linked to the US dollar will be subscribed in pesos at the exchange rate of Communication “A” 3500 corresponding to the day prior to the bidding date.
Source From: Ambito
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