It will take place between Wednesday and Thursday of this week. Once again it will be open to importers not registered in the commercial debt registry. Last week, he was barely able to place US$100 million in BOPREAL.
The Central Bank convened this Monday the fourth tender of BOPREAL series 3, the dollar bond for importers that he chose as a tool to “sort” the inherited commercial debt, aspire pesos and dollarize a portion of the remunerated liabilities. The auction It will take place between Wednesday and Thursday this week, and comes after a major setback in the last placement, in which it was barely able to award US$100 million.
Each BOPREAL tender carried out by the BCRA attracts the attention of the market. It happens that it is a key instrument in the transition strategy that the economic team devised to pave the way for the lifting of the exchange rate.
As Ámbito anticipated, series 3 was the one that presented the most obstacles due to its lesser attractiveness in relation to the first two. And so it happened: in the first three auctions, the entity chaired by Santiago Bausili barely managed to place US$892 million, 29.7% of the US$3,000 million scheduled for this series.
Thus, the maximum amount enabled for this placement is US$2,108 million that still remain for this variety of BOPREAL.
NOTE IN DEVELOPMENT…
Source: Ambito
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