Country risk exceeded 2001 points, a level never seen since 2005

he country risk index It surpbaded 2000 points for the first time since 2005, due to strong market tensions and lower prices for government bonds and Argentine equities.

The index index that J.P. Morgan was located in 2001 at 17:20, with an increase of 9.90% over the previous day.

IN ADDITION:

The IMF denied having suggested to advance the elections

For its part, the government has initiated a new debt investment in treasury bills (LETES) and capitalization projects (LECAPS), as part of a day of widespread withdrawal of bonds and debentures. shares, in a context of financial uncertainty and political risk country rate, the Ministry of Finance confirmed that the call for tenders and the award would proceed normally.

On Wednesday, the Ministry of Finance will proceed to a new placement of LETES, up to a maximum of $ 1,000 million, and another of LECAPS, which can be subscribed in pesos or dollars.

At the last call for tenders, with Nicolás Dujovne still in office, the Treasury had to suspend the call for offers of the USD LETES maturing on 13 March 2020 and having awarded securities maturing in November but having to validate an annual rate of 7%. in dollars