The bonds received the third-highest number of bids this year, according to the finance secretary

Multiple analyses predict a bank run and a USD$ 1 to AR$ 9,994 exchange rate if he wins

Mandatory parking of bonds under foreign law increased by one day

Some anticipate better competitiveness, but others say it isn’t enough

The ongoing drought could result in greater inflation, more capital controls, and a contraction of the economic activity

Designed to help accumulate crucial currency reserves, the special exchange rate will apply to soy and other agricultural products

Last year’s fourth-quarter bonanza, with a net repatriation of over US$ 166 million ended in the first two months of 2023.

The government expects to collect some US$15 billion amid a drought and an international reserve shortage

The Finance Secretary said the offers were double the maturities