US EditionThe government will reissue debt to move closer to the IMF’s reserve target
6 Articles
6 Articles
In order not to alter the slowdown in inflation, the economic team postpones the purchase of dollars and will re-indebt itself for US$3 billion with a dual scheme: repo and “weight-linked” bonds
The government will go to the BCRA to cover a lack of dollars to cancel the debt. El Tesoro will face maturities for USD 4.3 billion: Caputo's strategy was first published in #BorderJournalism.
Economy has on the table the possibility of placing bonds to add more currency to the reserves. "It will not be now", admit sources of the Palace of Finance. The Central negotiates a bridge REPO until the examination before the Fund. Read more
Given the danger of not reaching the reserve target imposed by the IMF by June 13th, the government will again issue debt to try to reach the goal. Since the end of April, the reserves fell US$ 1.2 billion and the government does not buy dollars in the market for fear that inflation will spread. Five international banks would already support the new debt. The financial holiday for Caputo’s friends. The International Monetary Fund set as a goal t…
Mexico City.- The Mexican currency in the international markets opens in 19.55 pesos to the dollar, which means a depreciation of 0.48% or 9 cents compared to the previous day, according to Bloomberg. In the overnight session, the exchange rate showed upward volatility. Today, the peso is affected by the strengthening of the dollar and a greater demand for US assets, while the local industrial production figures showed a contraction in monthly t…
The government evaluates issuing a weight-linked bond, which can be subscribed in dollars and payable in dollars at the official exchange rate, with the objective of strengthening reserves and approaching the goals with the IMF. The issue, estimated at US$ 1 billion, would be carried out by the Treasury. Complying with the IMF Economy prepares an exceptional move to add reserves and not buy US$ Maria Victoria LippoThe strategy is complemented by…
Coverage Details
Bias Distribution
- 100% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
