16 Jul BCRA – “A” 7070: Financing to the non-financial public sector.
July 16, 2020 – The BCRA adopted the following resolution described in Communication “A” 7070:
Do not comment on the restriction contained in point 2.1. of the norms on “Financing to the non-financial public sector”, to which financial entities can acquire Treasury bills to be issued –in PESOS– by the province of Buenos Aires for up to the outstanding amount of nominal value $ 18,689,900,000, within the framework of the “Program of Issuance of Treasury Bills of the Province of Buenos Aires for Fiscal Year 2020”.
Jurisdictions affected: Argentina
For more information, visit Banco Central de la República Argentina.