*Argentina’s economy ministry has auctioned Ar$2.9trn (US$3.6bn) worth of peso-denominated treasury debt – the first such auction under the government led by libertarian President Javier Milei. According to the economy ministry, investors bought Ar$2trn worth of 27-day treasury notes with a yield of 8.66% and Ar$964.9bn of inflation-linked bonds maturing in 2025 and 2026 which have negative rates of -15.95% and -4.53% respectively. The government received offers for a total of Ar$13trn.
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LatinNews Daily - 21 December 2023
In brief: Argentina gov’t hails peso debt auction
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