The monetary authority reported that bids were received from 205 companies, which were awarded in their entirety. The accumulated amount of this species is US$792 million.
He Central Bank (BCRA) placed this Thursday US$301 million in the second auction of Series 3 of the Bonds for the Reconstruction of a Free Argentina (BOPREAL).
The monetary authority reported that Positions were received from 205 companies, which were awarded in their entirety. The accumulated amount of this species is US$792 million.
In the coming weeks there will be new tenders until the maximum amount of US$3,000 million. Series 3 bonds are authorized for transfer and negotiation in the secondary market, they accrue interest at a rate of 3% NA and amortized in three quarterly installments, from November 2025 to May 2026.
BOPREAL: news for upcoming tenders
Taking into consideration the slowdown in demand by importers with remaining debts (after subtracting, if applicable, the participation in the other available instruments) registered in the Register of Commercial Debts for Imports with Foreign Suppliers (PADRÓN), carried out jointly by the Ministry of Commerce and the Federal Administration of Public Revenues (AFIP), The next Series 3 tenders will be open to all importers with debts for import of goods and services as of December 12, 2023, whether or not they have registered the balances pending payment in the REGISTRATION, announced the BCRA.
In the event that the demand for Series 3 in any tender exceeds the maximum issuance amount, the award mechanism will be pro rata of the amounts demanded, he clarified.
The BCRA has already placed the entire Series 1, for US$5,000 million, and Series 2, for US$2,000 million. On the other hand, around 4,700 MSMEs made import debt payments for a total of US$167 million without the need to subscribe to the BOPREAL. They are companies with debts of up to US$500,000 registered in the REGISTRATION and that will be able to pay off the entire amount in three months.
Source: Ambito
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