He Ministry of Economy placed this Wednesday $4.43 million in the tender for debt in pesos, and managed to renew and extend the maturity profile.
The Ministry of Finance received offers for a total of $4.72 trillion. “Demand for Treasury bonds this time has allowed the maturity profile to be stretched to sustainable rates”said in his account X, the Secretary of Finance, Pablo Quirno.
“The proceeds from this tender, over and above the $3.76 billion due, will be deposited in the Treasury account at the BCRA,” the official added.
For its part, Federico FuriaseEconomics advisor, added: “Finance Tender: extension of the maturity profile to sustainable rates, positive real rate signal. Net financing is allocated to the absorption of pesos via the increase in the Treasury account in the BCRA (fiscal and monetary anchor)”.
Instruments awarded in the debt tender
LECAP 11/29/24 (S29N4) $2.13 billion at a rate of 4.20% TEM
LECAP 03/31/25 (S31M5) $1.58 trillion at a rate of 4.50% TEM
BONCER 12/15/25 (TZXD5) $0.314 billion at an IRR of 8.18%
BONCER 12/15/26 (TZXD6) $0.023 billion at an IRR of 8.79%
BONCER 06/30/27 (TZX27) $0.026 billion at an IRR of 9.51%
Dollar Linked 06/30/25 (TZV25) $0.233 billion at a TIREA of -6.29%
Dollar Linked 12/15/25 (TZVD5) $0.046 trillion at a TIREA of -4.43%
Dollar Linked 06/30/26 (TZV26) $0.061 billion at a TIREA of 0%
In this way, Finance resolved leave the BONCERs with maturities on December 15, 2027 (TZXD7) and 06/30/28 (TZX28) deserted, as well as the Dollar Linked with maturities on June 30, 2027 (TZV27).
Source: Ambito
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