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Bcra Officializes Bank Pass Windows: How It Works and What the Fee Is
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On Wednesday, the government gave a key test in the pesos debt market. The Treasury renewed 61% of the winning securities and validated rates above 4%, in a context of high volatility and lack of liquidity in the money market.The Finance Secretariat announced that it awarded $9,147 billion after receiving bids for $9,977 billion.This means a 61.07% rollover.Operational liquidity The BCRA encourages banks to buy Letters more than 60 days later Gu…
The Argentine Central Bank officially opened a liquidity window for banks. As Bloomberg Línea said, the monetary authority ordered through Communication B13032 that active passes will be offered to financial institutions through the REPO wheel enabled in SIOPEL (Electronic Operations System), at the time of 17:00 to 17:30 hours.
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