US EditionBetter than Expected: Central Bank Placed $810 Million of the New Bopreal
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7 Articles
The Central Bank (BCRA) yesterday placed US$810 million in the 4th Series of Bonds for the Reconstruction of a Free Argentina (Bopreal), the title that it devised a year and a half ago to settle the debts of importers generated during the Fernández administration by the outburst of the so-called SIRA. Those certificates gave the subscriber the future right to access the official exchange market, although a total estimated of US$57.8 billion were…
Related article Yamandú Orsi will travel to Spain, Argentina and Brazil to fulfill its diplomatic agenda The central bank of Argentina, Bcra, issued on Wednesday US$810 million
The reversal in exchange rates coincided with a new step by the government to withdraw pesos from the market. BCRA carried out the first placement of the 4 Series of the Bopreals.
At the next auction, $2.190 million remains to be placed.
The Central Bank of the Argentine Republic (BCRA) reported this Wednesday that it awarded US$810 million in nominal value in the first tender of the Bonds for the Reconstruction of a Free Argentina (Bopreal) Series 4, the instrument launched by the monetary authority to gradually give way to the debt stocks retained for the payment of dividends and imports abroad.The issue of new Bopreal for these debts trapped by the exchange rate - and generat…
The first auction of the Bopreal Series 4 was made.
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