Argentina Central Bank Sold $560M of Importer Bonds

Argentina’s central bank sold $560 million of importer bonds offered in an auction, the bank said in a statement Thursday.

• The bank received 655 offers for a total of $1.13 billion
• The bank said it completed, during its third auction, the entire $2 billion of its importer bonds Series 2
• The central bank said that bidding for Series 3 will begin next week, for a maximum amount of $3 billion
  • The Series 3 bonds will have an interest rate of 3% and will be amortized in three consecutive quarterly installments, the first of which will be in Nov. 2025

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