Argentina: The finance ministry has reported that it has successfully placed US$2.49bn in treasury bonds in the local market. According to a finance ministry statement, the US dollar-denominated and peso-denominated bonds were offered in three tranches: one of US dollar-denominated letters maturing in 217 days and offering a yield of 3.05%; another of US dollar-denominated letters maturing in 364 days and offering a yield of 3.69%; and peso-denominated bonds maturing in 2025 (Boncer 2025) and offering a yield of 4%. The finance ministry noted that all of the bonds offered were over subscribed.
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