Successful Tender: Government Secured USD 1 Billion of International Funds and Total Reserves for BCRA

The leader of the Civic Coalition, Elisa Carrió, dedicated criticisms this Thursday against the Minister of Economy of the Nation, Luis Caputo, after the government asked yesterday for a debt of more than $8.56 billion and a new bond destined for foreign investors, for a total of $1.148 billion. “If every day there is more debt, every day there is more deficit. Don’t lie to us,” the former deputy said. Through her X account, she added: “In addit…

The Government will pay an interest rate of 29.5 per cent per annum in pesos and made dollars that will be added to the entire reserves. In parallel, maturities were paid and the debt was neutral.

The Ministry of Economy issued a bond in pesos that is purchased with foreign currency and that was addressed to foreign investors. The rate in pesos will be 29.50% per year

In an attempt to strengthen the Central Bank’s reserves and meet commitments made to the International Monetary Fund (IMF), the national government presented this week the bond “Bont 2030”, a new financial instrument aimed at attracting international capital, with a profitability of close to 30% per year in dollars. The measure was analyzed by economist and leader Miguel Ponce, who warned about both its immediate benefits and its possible struct…

ECNETNews After a seven-year hiatus, the Argentine government has returned to the international debt market, concluding the issuance of US$1 billion through a bond intended for foreign investors. This bond is quoted in Argentine pesos but purchased in dollars. The objective of the operation is to strengthen the reserves of the Central Bank of the Argentine Republic (BCRA), at a critical time when it needs to accumulate foreign currency to meet t…

Pablo Olivares, Minister of Economy of Santa Fe, presented himself this Wednesday in the Provincial Legislature to detail before deputies the project of indebtedness for up to one billion dollars promoted by the government of Maximiliano Pullaro. He was accompanied by members of his team and the minister of government and public innovation, Fabián Bastía. The meeting, which began after 13:30, brought together legislators of the Committee on Budg…