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LatinNews Daily - 28 November 2024

In brief: Argentina places debt on domestic market

*Argentina’s government has placed Treasury bills and bonds on the domestic market for a value of Ar$5.81trn (US$5.76bn). The operation included a series of Treasury bills worth AR$2.23trn due to mature in May 2025 and four series of Treasury bonds worth Ar$850bn, Ar$1.33trn, Ar$1trn, and Ar$390bn, due to mature between October 2025 and October 2026. According to Argentina’s finance secretary, Pablo Quirno, the government received purchase offers for these securities for a total of Ar$6.58trn. He said the extra Ar$1.59trn would be deposited in the Treasury’s account at the central bank (BCRA).

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