*Argentina’s Finance Secretary
Pablo Quirno has announced that the government has placed treasury bills and bonds on the domestic market for a total value of Ar$8.5tn (US$6.74bn) having received offers for a total of Ar$9.01tn. The placement consisted of five series of treasury bills due to mature between August 2025 and January 2026, and five series of treasury bonds due to mature between October 2025 and January 2027. Quirno said the placement allowed the treasury to refinance 295.24% of maturities for 7 July. “
Considering the result of the current bidding, the excess over the maturities will result in a debt cancellation with the private sector,” he said.
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