The Ministry of Economy this Wednesday obtained financing for $ 515,861 million through the placement of five bonds in pesos, some at a fixed rate, and others adjusted for inflation and tied to the evolution of the dollar, with maturities expected within the current year and in 2023.
Investor interest was reflected in the 1,266 bids submitted, informed the Palacio de Hacienda through a statement.
Of the total financing obtained, 64% was represented by instruments adjustable by CER (price variation), 29% at a fixed rate, and the remaining 7% resulted in instruments linked to the rise in the US dollar.
Measured another way, 30% corresponded to instruments maturing in 2022 and the remaining 70% to securities with payment commitments in 2023.
During the last fortnight of July, the National Treasury faced maturities for a total of approximately $324.3 billion, Therefore, in this tender, a net financing envelope of close to $192,000 million was obtained.
Considering the two tenders of the month achieved a positive net financing of $318,200 million, doubling the total of existing commitments for July.
In this tender, the menu of instruments offered was made up of five titles. A Lelite with maturity on August 16, 2022 was issued exclusively for Mutual Funds, the discount bill (LEDE) with maturity on October 31, 2022 was reopened, two CER-adjusted bills (Lecer) whose maturities are on January 20 and May 19, 2023 and, a US dollar-linked bond due July 31, 2023 was reopened.
In the framework of Market Makers Program, Tomorrow the Second Round will take place where offers can be received and awarded for up to 20% of the total nominal value awarded in today’s tender.
The next tender will take place on Thursday, August 11reported the portfolio led by Silvina Batakis.
