Regulatory Alerts2025-07-03 | A 8268Circular LISOL 1-1109 OPRAC 1-1289: Financing of the Non-Financial Public Sector. Program for Issuance and Placement of Treasury Bills of Tierra del Fuego Province 2025
The Central Bank of the Argentine Republic issues Communication “A” 8268 to waive supervisory observations for financial institutions acquiring up to $14 billion in Treasury Bills issued by Tierra del Fuego Province under the 2025 Issuance and Placement Program. This waiver applies within the existing restrictions of point 2.1 of the consolidated text on Financing of the Non-Financial Public Sector and aligns with Provincial Resolution 358/25 and national Treasury Secretariat guidelines. Financial institutions must continue to comply with credit risk fragmentation provisions when participating in the program.
. “Year of the Reconstruction of the Argentine Nation” “Year of the Reconstruction of the Argentine Nation” . COMMUNICATION “A” 8268 03/07/2025 TO FINANCIAL INSTITUTIONS: Ref.: Circular LISOL 1-1109, OPRAC 1-1289: Financing of the non-financial public sector. Program for Issuance and Placement of Treasury Bills of Tierra del Fuego Province 2025.
We address you to inform you that this Institution has adopted the resolution which, in its pertinent part, provides: “- No objections shall be raised, within the framework of the restriction contained in point 2.1 of the consolidated text on Financing of the Non-Financial Public Sector, to financial institutions acquiring Treasury Bills to be issued by Tierra del Fuego Province, Antarctica and South Atlantic Islands for up to the circulating amount of $14,000,000,000 (fourteen billion pesos) within the framework of the Program for Issuance and Placement of Treasury Bills of Tierra del Fuego Province 2025 –created by Provincial Decree 781/25– and in accordance with the conditions established in Resolution 358/25 of the Provincial Ministry of Economy and in note NO-2025-66457533-APN-SH#MEC of the Treasury Secretariat of the National Ministry of Economy, without prejudice to the compliance by intervening financial institutions with the provisions on credit risk fragmentation set forth in that regulatory framework.” We extend our cordial regards. CENTRAL BANK OF THE ARGENTINE REPUBLIC Darío C. Stefanelli Marina Ongaro Principal Manager of Issuance and Regulatory Applications Deputy General Manager of Financial Regulation