2025-03-06 | A 8210Added
The Central Bank of the Republic of Argentina instructs financial entities to refrain from raising observations regarding the inclusion of the TAMAR rate plus a margin of 550 basis points for the issuance of variable interest rate Treasury Letters under the 2025 Chaco Province Letter Issuance Program. This authorization aligns with conditions set by the Secretariat of Treasury of the Ministry of Economy and remains subject to compliance with credit risk fragmentation regulations.
BCRA published 13 documents in the last 30 days — get each new one by email the day it lands.
"Year of the Reconstruction of the Argentine Nation" "Year of the Reconstruction of the Argentine Nation"
COMMUNICATION "A" 8210 06/03/2025
TO FINANCIAL ENTITIES:
Ref.: Circular
LISOL 1-1092,
OPRAC 1-1275:
Financing of the Non-Financial Public Sector.
Chaco Province Letter Issuance Program 2025. Incorporation of Interest Rate.
___________________________________________________________________________ We address you to inform you that this Institution has adopted the resolution that, in its pertinent part, provides:
"- To not raise observations, within the framework of the restriction contained in point 2.1. of the consolidated text on Financing of the Non-Financial Public Sector, regarding the incorporation of the TAMAR rate plus a margin of 550 (five hundred fifty) basis points for the issuance of Treasury Letters at variable interest rate within the framework of the "Chaco Province Treasury Letter Issuance Program" for the 2025 fiscal year –authorized previously as derived from Communication A 8175–, in accordance with the conditions established in notes NO-2024-142182443-APN-SH#MEC and NO-2025-18798603-APN-SH#MEC of the Secretariat of Treasury of the Ministry of Economy of the Nation and without prejudice to the observance by the intervening financial entities of the provisions on credit risk fragmentation provided in that regulation."
We salute you attentively.
CENTRAL BANK OF THE ARGENTINE REPUBLIC
Martín A. Bonelli Mariano E. Leguiza
Deputy Manager of Regulation of Passive Operations Manager of Applications Regulatory
Read the rest free
Source: Banco Central de la Republica Argentina — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
More like this from BCRA
BCRA published 13 documents in the last 30 days. We email you each new one the day it's published.