AL35 - Oficina de Presupuesto del Congreso

PUBLIC DEBT OPERATIONS – MAY 2024

by Nicolas Perez | Jun 25, 2024 | Public Debt Operations

In, May, domestic currency debt stock increased by 17.5% with respect to April and amounted to ARS159,868.068 billion. Foreign currency debt decreased by USD1.805 billion, reaching USD254.668 billion.

Two government securities auctions were held during the month, through which LECAP, BONCER and Bonte USD-linked were placed for a total of CV ARS15,223.471 billion.
The repurchases of Central Bank’s holdings of AL35 and AL29 bonds in dollars by the Treasury for USD2.13 billion stood out.
The equivalent of USD1.033 billion was paid for interest in foreign currency, of which USD796 million were payments to the IMF.
Estimated debt service between June and December in domestic currency totals ARS37,234.473 billion and in foreign currency USD14.816 billion.

PUBLIC DEBT OPERATIONS – MAY 2024

TRAINING ON PUBLIC FINANCE FOR LEGISLATIVE ADVISORS

by Nicolas Perez | Apr 11, 2024 | Activities

On Tuesday, April 9, the Argentine Congressional Budget Office (OPC) initiated a training program on issues related to public finances for the advisors of deputies and senators of the Congress of the Nation. The Director-General of the OPC, Gabriel Esterelles, together with the Director of Parliamentary Training of the Senate, Camila Duro, opened the training program at the Senate.

The purpose of the program is to introduce key issues for the interpretation of initiatives related to public resources and budget design to those who assist legislators in their work.

The program, jointly organized by the OPC and the Directorate of Parliamentary Training of the Senate, was designed around three main topics: taxes, expenditures and public credit, each of them to be addressed in two classes of two hours each, twice a week.

The sequence of face-to-face meetings is being held in different spaces of each Chamber to promote direct contact and facilitate the exchange of ideas.
This training plan, which will conclude on April 25, will be delivered by the directors of the OPC, with the assistance of their analysts:
Martín López Amorós, director of Fiscal Analysis, with Pedro Velazco and Emilio Nastri; Ignacio Lohlé, director of Budget Analysis, together with Laura Cafarelli, Julieta Olivieri and Romina Muras; Joel Vaisman, director of Sustainability and Public Debt Analysis, with Eugenia Carrasco.

PUBLIC DEBT OPERATIONS – FEBRUARY 2024

by Nicolas Perez | Mar 20, 2024 | Public Debt Operations

At the close of February, the stock of public debt amounted to ARS105,161.038 billion and USD259.288 billion, which represented an increase for obligations payable in pesos of ARS13,574,567 billion and a decrease for those payable in foreign currency of USD8.702 billion with respect to January.

Interest of ARS204.475 billion and USD858 million was paid, of which USD781 million was paid to the IMF.
AL35 bonds in dollars were repurchased from the Central Bank for USD7.596 billion.
No net financing through Temporary Advances (TA) was recorded.
Maturities in pesos between March and June amount to ARS12,690.349 billion and in foreign currency USD4.657 billion.