BCRA remunerated debt rose $10.96 billion

The BCRA’s remunerated debt rose by 747.39 billion pesos ($10.96 bn), while the Leliq’s increased by 1.34 trillion pesos ($19.62 bn). In sum, there is a stock of remunerated debt of 2.08 trillion pesos ($30.58bn). So far this year, the BCRA should have assisted the Treasury by 312 billion pesos ($4.58 bn), only by way of Temporary Advances, plus another 600 billion pesos ($8.8 bn) under the figure of Profit Transfer, to cover the fiscal deficit enhanced by the cost of the pandemic.

Source: Ámbito

Categories: Macroeconomy/Finance