It is worth remembering that the CER adjustment protects investors against loss of value due to inflation, since the final amount received at maturity is adjusted according to the inflation index.
Through Joint Resolution 41/2024 of the Ministry of Economy and the Secretariat of Finance, as well as the Treasury, the issuance of new bonds was authorized national treasury bonds in pesos. These securities are debt instruments that the State issues to obtain financing and cover its expenses, given the context.
The official text recalls that the measure is based on various laws and decrees that regulate the financial administration of the national public sector, especially with regard to the issuance of debt. In this way, the extension of the two types of existing bonds: those maturing in December 2026 and December 2027.
- Issue amount: A maximum amount is established for each type of bond, expressed in original nominal value.
- Placement procedure: The responsibility for carrying out the necessary procedures for the placement of these bonds, following the established procedural rules, is delegated to certain areas of the Ministry of Economy.
Strictly speaking, the rule reads: “It has been considered appropriate to proceed with the extension of the issue of the “National Treasury Bond in pesos with zero coupon with CER adjustment, maturing on December 15, 2026””, and the “National Treasury bond in pesos with zero coupon and CER adjustment, due December 15, 2027”.
This resolution establishes the expansion of a financial tool that the State uses to obtain additional resources. By issuing these bonds, the Government undertakes to pay interest and return the capital on a certain date, which implies greater public debt, but also the possibility of financing investment and development projects.
Source: Ambito
I am a 24-year-old writer and journalist who has been working in the news industry for the past two years. I write primarily about market news, so if you’re looking for insights into what’s going on in the stock market or economic indicators, you’ve come to the right place. I also dabble in writing articles on lifestyle trends and pop culture news.
