Government renews peso debt maturities and places 350 million dollars

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.

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Photorealistic news illustration of Banco Nación displaying the dollar at a yearly high amid rallying Argentine assets.
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Official dollar hits yearly high as Argentine assets rally

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The official dollar traded at 1,510 pesos for sale at Banco Nación on Monday, July 6, its highest since November 2025. Argentine assets extended gains on Wall Street and country risk fell to 408 basis points.

The Economy Ministry awarded the first issuance of Bonar 2029 for USD 470 million at a 7.99% rate. A second auction for USD 150 million will take place today.

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In its latest auction, Colombia's Ministry of Hacienda placed 900 billion pesos in short-term Treasury titles (TCO) maturing April 20, 2027, at a cutoff rate of 13.450%—slightly lower than the prior auction's 13.65%. Bids totaled 1.6 trillion pesos, or 1.7 times the amount offered, signaling robust demand amid efforts to develop the domestic capital market.

Argentina's Central Bank purchased 35 million dollars in the latest session, lifting gross reserves to 45.951 billion dollars.

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Argentina's Central Bank acquired 328 million dollars on Wednesday, the largest purchase of the month so far. Gross international reserves reached 46.583 billion dollars.

Yields on one-year TES bonds have climbed to historic levels in auctions held by Colombia's Finance Ministry so far in 2026.

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