04 Jun BCRA replaced item 3 of Communication “A” 7027

June 4, 2020 – Banco Central de la República Argentina (BCRA) replaced item 3. of Communication “A” 7027 with the following:

“Expand from 1.6.2020 and for entities that capture deposits at the minimum passive rate, the admitted surplus net position of LELIQ, in the amount equivalent to 18% of term deposits and investments in pesos constituted by the private sector non-financial and by the National, provincial, CABA and / or municipal governments.

Jurisdictions affected: Argentina

For more information, visit Banco Central de la República de Argentina.