clima-header

Buenos Aires - - Friday 23 De April

Home Argentine Politics and Economics Begins the first Letes tender of the year in which only dollars will be accepted

Begins the first Letes tender of the year in which only dollars will be accepted

This is the first placement of the year and is done with the new system.

Politics and Economics
letes

This is the first placement of the year and is done with the new system whereby, the letters in dollars must be purchased with that currency, and not with pesos, at the official exchange rate that was quoted the day before in the wholesale market, as it was traded until December.

In the current tender, the dollar bills will have a maximum tendering price, the restriction to award in the non-competitive tranche a maximum amount of 100% of the amount awarded in the competitive tranche and, on the other hand, it was determined that tenders submitted in the non-competitive tranche shall be limited to an amount maximum of US$ 50,000.

For the purpose of participating in the competitive tranche, prices must be expressed for every US$ 1,000 of original nominal value with two decimal places.
The maximum price for Treasury Bills in US dollars will be US$972.54 per USD 1,000 face value, which is equivalent to an annual nominal rate of 4.75%.

Source: Telam

Publication Date: 07/01/2019

Share
Rate this item
0/5

Topics

cat1-artículos

I wrote! Reader Notes

Go to section

Comments


There are not comments

Leave feedback


Comments

Argentines around the world
 santafesinos en Australia The Santafesinos who triumph in Australia

For two decades, a Santafesino architect led with his wife an important studio in Oceania.

Nostalgics
Pulpería Pulperias: 3 poles that resist the passage of time

Nostalgia invades us when we walk through our gauchas roots and refresh the village traditions and t...

Art and Literature
Acción Poética Poetic Action: the walls talk (and tell us nice things)

Ten years ago, a Tucumano brought to Argentina this artistic movement that expanded throughout Latin...

Knowledge
Solar54 What would life be like on Mars?

An extraterrestrial event is happening in the province of La Rioja... This is Solar54, a human life...

fm-barcelona

Articles


I want to be up to date

Subscribe to our newsletter and I received the latest news