2026 - AÑO DE LA GRANDEZA ARGENTINA

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COMMUNICATION “A” 8507 05/11/2026

TO FINANCIAL INSTITUTIONS:

Ref.: Circular
LISOL 1-1159,
OPRAC 1-1325:

Financing to the non-financial public sector. Municipality of Rosario –province of Santa Fe–.

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We address you to inform you that this Institution adopted the resolution that, in its pertinent part, provides:

“- Not to formulate observations, within the framework of the restriction contained in point 2.1. of the consolidated text on Financing to the Non-Financial Public Sector, to the effect that financial institutions may acquire public securities to be issued by the municipality of Rosario –province of Santa Fe– for up to an amount of $72,000,000,000 (seventy-two billion pesos), within the framework of the Pavement Financing Program at Definitive Level and Infrastructure Linked thereto to be issued during fiscal year 2026 –as provided in municipal Ordinance 10,274 and its amendments– and in accordance with the conditions established in note NO-2026-104581708-APN-SH#MEC of the Secretariat of Finance of the Ministry of Economy of the Nation, without prejudice to the observance by the intervening financial institutions of the provisions on credit risk splitting provided in that body of regulations.”

We greet you attentively.

CENTRAL BANK OF THE ARGENTINE REPUBLIC

Darío C. Stefanelli
Principal Manager of Issuance and
Regulatory Applications
Marina Ongaro
Deputy General Manager of Financial Regulation