The Economy Ministry raised AR$1.14 trillion through peso securities in the local market in a scheduled auction that took place on Thursday. The second round of this auction will take place Friday at 3 p.m. This was the second bond auction of the month, albeit the first scheduled one — the previous one on September 1 was not planned. The most-requested instrument was a dual bond (TDJ24) that matures in June 2024, which got 55.7% of the total raised amount. Dual bonds pay the highest amount between the inflation rate and the devaluation of the peso against the US dollar.

Source: Bueno Aires Herald September 16, 2023 05:53 UTC