Wednesday , October 20 2021

The new auction of the dollar in US $ 1.100 million and the government's interest rate of 4.75%


What will be the last term of 2018? The government will offer a low interest rate for the $ 1,100 million renewal in Treasury Bills. 4.75% One of the lowest since they began to offer the Ministry of Finance's tools, which will pay bills next week.

Tender letters In June 2019, elections were very close. In the government's financial plan, the idea at each one of Letes is to provide a renewal of close or more to 60% and to distribute obligations to prevent the concentration of payments at the time.

In this sense, January and February are important because there are total maturities for each amount of close to $ 2,000 million..

Letes auctions are given in two parts: one is competitive and not competitive. In the first, bidders may mark a covert rate they wish to enter into the tender. Second, bidders can only specify the amount they are members of and they can accept the rate that is determined by the competitive bidders at the moment.

The tender for the tender, which is open between Tuesday and the following Wednesday, can be pesos. The implied exchange rate will be a wholesaleris constantly under the retailer. In addition to this change gap, Annual interest rates at a time of 7%The strong demand of the debt instrument created by the Ministry of Finance was the main attraction.

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