2024-03-21 21:34:55
The Ministry of Economy goes out to look for pesos in the local market through the LECAP. The result of the tender was largely successful and its expiration date would be in January 2025.
In this context, the team Channel E communicated with Lucas Carattinieconomist and finance expert, who spoke about the bidding for these bills that seek to extract pesos from the market.
Lecaps tender
“Lecaps were used in 2019 and are fixed-rate instruments that are not paid monthly but capitalize their interest and are paid at the end”shot Carattini, who then completed: “This instrument expires in January of next year and is used to avoid generating an increase in the financial deficit.”
“The government seeks to abdicate with this capitalizable bond, this tender is not to finance the deficit but to pay bond maturities, being a debt roll”shot the interviewee.
Financial instruments
Likewise, the economist said that there is a lack of more instruments with greater depth and disclosure so that small investors can use a fixed term UVA.
Finally, Carattini said that it is important that the contracts that are carried out are fulfilled. “There is a reopening of letters that are adjusted by CER”he concluded.
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