Regulatory Alerts2026-02-26 | A 8405Ref.: Circular LISOL 1-1134 OPRAC 1-1304 Financing of the Non-Financial Public Sector. Program for the Issuance of Treasury Notes of the Province of Chubut
The Central Bank of the Argentine Republic issued Communication “A” 8405 to financial entities, waiving observations on the restriction in point 2.1 of the Non-Financial Public Sector Financing ordered text to permit the acquisition of up to $170 billion (or its US dollar equivalent) in Treasury Notes issued by the Province of Chubut. This authorization applies under provincial Laws II 319 and II 76, adheres to the conditions set by the Secretariat of Finance of the Ministry of Economy, and maintains existing credit risk fragmentation requirements. Participating financial entities are explicitly prohibited from applying their foreign currency deposit lending capacity to subscribe to these Treasury Notes, as stipulated in Section 2 of the Credit Policy ordered text.