LatinNews Daily - 15 August 2025

*Argentina’s Finance Secretary Pablo Quirno has announced that the government is planning an “unscheduled” debt auction on the domestic market for 18 August. Quirno said the auction was in line with announcements made by the central bank (BCRA) with the aim of absorbing excess pesos in the market. The auction will consist of the placement of a national treasury bill at the wholesaler (Tamar) rate maturing on 28 November with a value of Ar$1bn (US$770,103). The surprise auction is part of a plan to absorb the pesos left over from a local debt auction on 13 August that fell short of market expectations, with the government rolling over just 61% of maturities. That auction saw the government roll over Ar$9.1tn of the Ar$15tn offered, while injecting nearly Ar$6tn into the economy to finance the rest.

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