The Treasury renewed all peso debt maturities with a 114% rollover and placed two dollar bonds totaling 350 million dollars in the May 27 auction.
The Ministry of Economy awarded 12.57 trillion pesos in the final May auction after receiving bids for 16.14 trillion. This renewed 11 trillion pesos in maturities and absorbed nearly 1.6 trillion additional.
Dollar bonds AO27 were placed for 200 million at a 5.1% rate and AO28 for 150 million at 8.5%. Both reached the maximum allowed for the day's operation.
The Finance Secretariat reported higher demand for dollar-linked instruments, which accounted for 14% of the awarded amount. The Treasury also repurchased 18.4 trillion pesos in BCRA bills.