Minimum Cash: Adjustments to Residual Term of National Public Securities

2021 - YEAR OF TRIBUTE TO THE NOBEL PRIZE IN MEDICINE DR. CÉSAR MILSTEIN

COMMUNICATION “A” 7383
28/10/2021

TO FINANCIAL INSTITUTIONS:

Ref.: Circular
REMON 1-1049:

Minimum cash. Adjustments.

---

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

“- To provide, with effect from 1.11.21, that the residual term of national public securities in pesos acquired by primary subscription from that date provided for in points 1.3.7.1. and 1.3.16. of the rules on “Minimum cash” –including those adjustable by the CER and excluding those linked to the evolution of the US dollar– shall be no less than 120 calendar days.”

Subsequently, we will send you the sheets that, replacing those previously provided, must be incorporated into the referenced rules.

We greet you attentively.

CENTRAL BANK OF THE ARGENTINE REPUBLIC

Darío C. Stefanelli
Principal Manager of Issuance and
Regulatory Applications
María D. Bossio
Deputy General Manager of
Financial Regulation