The Economy Ministry secured AR$1.15 trillion in its bond auction today in the second and last round of April, where it faced maturities of AR$965.79 billion. It was the biggest bond auction this year. The “menu” consisted of seven bonds with only one new financial instrument (TDA24), a dual bond that matures on April 30, 2024. The auction finished one day after the informal dollar reached a record-breaking AR$497 and the currency exchange gap (brecha) exceeded 120%. The next bond auction is scheduled for May 17.

Source: Bueno Aires Herald April 26, 2023 22:46 UTC