2026-03-26 | A 8413

Circular LISOL 1-1137 OPRAC 1-1307: Financing for the Non-Financial Public Sector. Public Bonds of the Province of Buenos Aires

The Central Bank of the Argentine Republic exempts financial institutions from making observations on acquiring up to one trillion pesos in public bonds issued by the Province of Buenos Aires, under Provincial Law 15.561 and specific Treasury Secretariat conditions. Participating institutions must comply with existing credit risk fracturing provisions, while explicitly prohibiting the application of foreign currency deposit lending capacity to these bond subscriptions. This directive amends the restriction in point 2.1 of the ordered text on Financing for the Non-Financial Public Sector to facilitate provincial debt issuance.

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. "2026 - YEAR OF ARGENTINE GREATNESS" "2026 - YEAR OF ARGENTINE GREATNESS" . COMMUNICATION “A” 8413 26/03/2026 TO FINANCIAL INSTITUTIONS: Ref.: Circular LISOL 1-1137, OPRAC 1-1307: Financing for the non-financial public sector. Public Bonds of the Province of Buenos Aires.


We address you to inform you that this Institution has adopted the resolution which, in its relevant part, provides: “- No observations shall be required, within the framework of the restriction in point 2.1 of the ordered text on Financing for the Non-Financial Public Sector, regarding financial institutions' ability to acquire public bonds issued by the Province of Buenos Aires up to a nominal value equivalent to $1,000,000,000,000 (one trillion pesos), within Provincial Law 15.561 and per the conditions in note NO-2026-30129382-APN-SH#MEC of the Treasury Secretariat of the Ministry of Economy, without prejudice to compliance by participating financial institutions with credit risk fracturing provisions in that regulation. The participating financial institutions may not apply their lending capacity from foreign currency deposits to the subscription of said bonds, in accordance with what is provided in Section 2. of the ordered text on Credit Policy.” We extend our respectful greetings. CENTRAL BANK OF THE ARGENTINE REPUBLIC Darío C. Stefanelli Marina Ongaro Chief Manager of Issuance and Regulatory Applications Deputy General Manager of Financial Regulation