Ref.: Circular LISOL 1-1121 OPRAC 1-1295: Financing for the Non-Financial Public Sector. Public Bonds of the Province of Buenos Aires.

. “Year of the Reconstruction of the Argentine Nation” “Year of the Reconstruction of the Argentine Nation” . COMMUNICATION “A” 8356 27/11/2025 TO FINANCIAL ENTITIES:
Ref.: Circular
LISOL 1-1121,
OPRAC 1-1295:
Financing for the Non-Financial Public Sector. Public Bonds of the Province of Buenos Aires. ___________________________________________________________________________ We address you to inform you that this Institution has adopted the resolution which, in its relevant part, provides:
“- No to raise observations, within the framework of the restriction contained in point 2.1 of the consolidated text on Financing for the Non-Financial Public Sector, regarding financial entities' ability 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-2025-128876133-APN-SH#MEC of the Treasury Secretariat of the Ministry of Economy of the Nation, without prejudice to compliance by the participating financial entities with the provisions on credit risk fractionalization provided in that regulation. The participating financial entities may not apply their lending capacity from foreign currency deposits to the subscription of said bonds denominated in United States dollars, in accordance with Section 2. of the consolidated text on Credit Policy.” Respectfully yours, CENTRAL BANK OF THE ARGENTINE REPUBLIC Darío C. Stefanelli Marina Ongaro Chief Manager of Issuance and Regulatory Applications Deputy General Manager of Financial Regulation