Hurried by the Lack of Reserves, the Government Is Issuing as Much as $7 Billion in the Year
4 Articles
4 Articles
The idea is to issue bonds to raise up to US$ 1 billion per month.On Wednesday, you will tender a loan with banks for US$ 2 billion.There will be a bond for companies and they will eliminate letters of liquidity.
The country is going to issue debt to expand international reserves. Measures were announced on Tuesday night in the midst of the difficulties in the purchase of reserves and the need to keep the dollar going down, the Government of Argentina announced on Tuesday night a package aimed at raising up to US$7 billion. Among the measures are changes in its monetary policy, which will lead to the end of the country's basic interest rate, typical of i…
The government of Javier Milei announced new measures to strengthen the level of international reserves. By means of a statement from the Central Bank (BCRA), it has announced that on Wednesday it will carry forward a new operation of Repo for US$2 billion and that the Ministry of Finance will incorporate in the schedule of tenders for 2025, the modality of direct subscription in dollars for a monthly amount of up to US$1 billion. Following the …
In addition to confirming the REPO loan, the Central Bank will issue next week a dollar bond for foreign company dividends
Coverage Details
Bias Distribution
- 100% of the sources lean Right
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage