Placement: Finance Refined 103% of the Maturities and Still Does Not Dump Weights to the Market
4 Articles
4 Articles
The Ministry of Economy awarded $8.41 billion in the pesos debt tender this Friday. On Tuesday negative data on industry and construction had come out and for many it is time for the government to shift more liquidity to the market.This Friday it did not.
The Treasury received bids for AR$14.2 billion and awarded AR$8.4 billion on AR$8.1 billion maturities.
It achieved a refinancing of more than 100%.
The Ministry of Finance received bids for $14.17 billion and awarded $8.41 billion, which made it possible to cover 103.46% of Friday’s dues. Most of the placement corresponded to a LECAP that expires in November 2026. Read more
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