*The Argentine government’s finance secretariat has announced the results of its latest debt auction, which saw a rollover rate of 144.53%. The auction received bids totalling Ar$13.98tn (US$9.35bn) and awarded securities worth Ar$12.21tn. The bonds awarded yesterday included Lecap/Boncap treasury bonds, CER/Tamar bonds tied to inflation and the Tamar wholesale benchmark interest rate, Tamar/DL bonds tied to the Tamar rate and the value of the US dollar, and dollar-linked bonds, as well as ‘hard dollar’ bonds denominated in US dollars. The newly issued bonds have maturity dates ranging from September 2026-October 2029.
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