“If people use loopholes, they have to know that there is a risk and that it can go wrong”
Markets
In its first May auction, the government faced maturities for AR$589 billion
12 banks to open accounts at RMC Clearing Bank for a clearing service in yuan
The move may trigger a flight to US Treasury bonds – but the streak of rate raises could be coming to an end
Some shareholders, directors and employees of brokers must buy financial dollars in over-the-counter transactions
The Economy Ministry confirmed it will start an administrative inquiry into Max Capital
Mandatory parking of bonds under foreign law increased by one day
The case relates to payments due on euro-denominated securities linked to Argentina’s gross domestic product in 2013
The Finance Secretary said the offers were double the maturities