New Mortgage Loans: Government Tendered the First $200 Billion to Expand Loan Supply
12 Articles
12 Articles
They were the winners of the first $200,000 million auctioned; 82% will be invested in fixed terms at 5 years
Time deposits were awarded between 13 banks to contribute resources to the line to finance the purchase of housing
La Anses (National Social Security Administration) launched on Monday the first tender of funds to strengthen the financing of mortgage loans and the amount of offers received was for $258,640,000,000, although the award was $200,000,000,000. The number of positions presented was 42, the participating banks were 18 and the bidders ended up being 13, detailed by the Central Bank (BCRA) in a statement. The call is part of a program that seeks to e…
This tender constitutes the first tranche of the strategy presented weeks ago by the Minister of Economy, Luis Caputo, which plans to mobilize $2 billion from the FGS through ten consecutive auctions of $200 billion. The entry The government awarded $200 billion to 13 banks to boost mortgage loans was first published in #BorderJournalism.
The Government awarded $200 billion in the first round of mortgage loans with funds from Anses. The Central Bank announced Monday the result of the first UVA fixed-term deposit tender from the Sustainability Guarantee Fund (FGS), intended to finance loans for first homes. According to Communiqué 51230, the entity received bids for $258,640 million and ended up awarding $200,000 million, the amount foreseen for this first round. 42 positions were…
The Sustainability Guarantee Fund (FGS) placed the full quota of $200 billion foreseen for the first fixed-term tender, which banks will have to apply to the granting of mortgage loans. Entities made offers for $258,640 million which allowed the amount destined for the inaugural operation to be completed...
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