Overview
- The Treasury sold about US$101.2 million of Bonar 2027 today at a yield below 6%, bringing total outstanding from the program to roughly US$501 million.
- The new placement followed Thursday’s US$150 million sale priced near a 5.49% nominal annual rate, which reopened the locally issued hard‑dollar bond.
- Alongside the dollar issuance, the Treasury refinanced 108.09% of this week’s peso maturities by adjudicating ARS 10.42 trillion against ARS 9.6 trillion due.
- Finance Secretary Federico Furiase said funding for July and January bond payments is virtually secured through domestic options, signaling no return to Wall Street.
- Analysts reported strong investor preference for inflation‑linked CER instruments in the peso auction and noted the Treasury’s role in absorbing liquidity created by the central bank.