US EditionNew Debt Swap Between Treasury and Bcra
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The National Treasury made an exchange of debt with the Central Bank, through which it will deliver new LELINK—letters adjusted to the dollar—in exchange for the LECAP in pesos that the monetary agency held in portfolio. Javier Milei’s government’s objective is to alleviate immediate maturities and reorder the financial program. Through...
The national government ordered the extension of a National Treasury Letter linked to the dollar and approved a debt conversion operation with the Central Bank of the Argentine Republic (BCRA) for up to US$2.5 billion. It did so through Joint Resolution 45/2025 of the Ministry of Finance and the Ministry of Finance, published today in the Official Gazette. The measure establishes the extension of the "National Treasury Letter linked to the US do…
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