RegAlert2025-04-16 | A 8228Added
Circular LISOL 1-1100 OPRAC 1-1281: Financing of the Non-Financial Public Sector. Public Bonds of the Province of Buenos Aires
The Central Bank of the Republic of Argentina waives the restriction on financial entities acquiring public bonds issued by the Province of Buenos Aires up to a nominal value of 500 billion pesos, subject to credit risk fragmentation rules. Financial entities are prohibited from applying their foreign currency deposit lending capacity to subscribe to these bonds when denominated in US dollars.
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"Year of the Reconstruction of the Argentine Nation" "Year of the Reconstruction of the Argentine Nation"
COMMUNICATION "A" 8228 16/04/2025
TO FINANCIAL ENTITIES:
Ref.: Circular
LISOL 1-1100,
OPRAC 1-1281:
Financing of the Non-Financial Public Sector. Public Bonds of the Province of Buenos Aires. ___________________________________________________________________________
We address you to inform you that this Institution adopted the resolution that, in its pertinent part, provides:
"- To not formulate 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 ability of financial entities to acquire public bonds to be issued by the Province of Buenos Aires up to a nominal value equivalent to $500,000,000,000 (five hundred billion pesos), within the framework of Provincial Law 15.480 and in accordance with the conditions established in note NO-2025-37759348-APN-SH#MEC of the Secretariat of Treasury of the Ministry of Economy of the Nation, without prejudice to the observance by the intervening financial entities of the provisions on credit risk fragmentation provided in that regulation.
The intervening financial entities shall not apply their lending capacity from foreign currency deposits to the subscription of the aforementioned bonds denominated in United States dollars, in accordance with what is provided in Section 2. of the consolidated text on Credit Policy."
We greet you sincerely.
CENTRAL BANK OF THE ARGENTINE REPUBLIC
Darío C. Stefanelli Marina Ongaro
Principal Manager of Issuance and
General Manager of Financial
Regulatory Applications
Regulation
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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
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