Macroeconomy/Finance

Ministry of Economy tenders two new Lebad series

The Ministry of Economy will tender today two new series of Treasury Bills in pesos at Badlar rate (Lebad), one expiring at 120 days and the second one at 180 days, as part of its debt management scheme seeking longer terms and lower rates. Four tenders of Treasury Bills in Pesos were also confirmed on February 3, 11, 20 and 26 as part of the government plan to “normalise the local debt market.”

Source: Ámbito