Circular REMON 1-1138: Minimum Cash Requirements. Adjustments

"Year of the Reconstruction of the Argentine Nation" "Year of the Reconstruction of the Argentine Nation" .
COMMUNICATION “A” 8289 31/07/2025
TO FINANCIAL ENTITIES:
Ref.: Circular REMON 1-1138: Minimum Cash Requirements. Adjustments.
___________________________________________________________________________ We address you to inform you that this Institution has adopted the resolution which, in its pertinent part, establishes:
“1- To increase, effective as of 08/01/25, by 10 (ten) percentage points the minimum cash requirement rates applicable to peso sight deposits and term investments with early redemption option from the day the investor may exercise that option, which constitute the assets of common money market funds (money market), passive repos and passive stock exchange pledges –both in pesos–, as provided by Communications A 8281 and 8286. 2- To decrease, effective as of 08/01/25, by 4 (four) percentage points the minimum cash requirement rates in pesos that may be integrated with the instruments provided for in point 1.3.17.1 of the consolidated text on Minimum Cash Requirements.” Furthermore, we inform you that we will subsequently send you the sheets which, replacing those previously provided, must be incorporated into the consolidated reference text. Yours faithfully, CENTRAL BANK OF THE ARGENTINE REPUBLIC Darío C. Stefanelli Marina Ongaro Chief Manager of Issuance and Regulatory Applications Deputy General Manager of Financial Regulation