Results of BOTE 2020 Auction

The Ministry of Treasury reports it awarded all of the offered Fixed-rate Peso Treasury Bonds due on November 2020 (BOTE 2020) for a total of ARS 5.9 billion, nominal value, the cut-off price was ARS 1,000 for every ARS 1,000, nominal value, which represents a Nominal Annual Rate of 26.35% and an Annual Effective Internal Rate of Return of 28.09%. The total amount issued of these instruments, including the amount sold at this auction, is ARS 124.8 billion.

The Ministry received a total of 24 purchase orders.