Results of the Placement of Treasury Bills in US Dollars bearing a 95 and 186-day maturities and of Treasury Bonds in Pesos maturing in 2021, 2023, and 2026
Treasury Bills in US Dollars
The Ministry of Finances informs the placement of Treasury Bills in US Dollars bearing a 95-day maturity at a nominal annual rate of 2.85% and 168-day maturity at a nominal annual rate of 3.35%. Therefore, said maturities are almost refinanced with this placement.
The total amount of the orders received for both types of securities reached nominal value USD 2.175 billion; distributed in USD 1.409 billion for the 95-day Bill and USD 767 million for the 186-day Bill. 9,954 purchase orders were filed.
Due to the fact that the amount offered for both Bills exceeded the total amount to be placed, in order to make the placement a53.24% rate was applied for the 95-day Bill and of 97.84% for the 186-day Bill.
Treasury Bonds in pesos at a fixed rate
Regarding Treasury Bonds in pesos at a fixed rate maturing in 2021, purchase orders were filed for a nominal value of $15.502 billion, $12.5 billion out of which were awarded, at a cut-off price of $1,170 for every face value of $1,000 and a yield of 15.09%. This represents a reduction of 3.11 percentage points regarding the 18.2% yield of the original issue of this bond carried out in October 2016. Due to the fact that the amount offered for both Bills exceeded the total amount to be placed, a proration factor of 91.76% was applied.
Regarding Treasury Bonds in pesos at a fixed rate maturing in 2023, purchase orders were filed for a nominal value of $5.892 billion, $4.512 billion out of which were awarded, at a cut-off price of $1,132 for every face value of $1,000 and a yield of 14.16%. This represents a reduction of 1.84 percentage points regarding the 16.00% yield of the original issue of this bond carried out in October 2016.
Finally, regarding Treasury Bonds in pesos at a fixed rate maturing in 2026, purchase orders were filed for a nominal value of $9.207 billion, $6.572 billion out of which were awarded, at a cut-off price of $1,150 for every face value of $1,000 and a yield of 13.66%. This represents a reduction of 1.84 percentage points regarding the 15.50% yield of the original issue of this bond carried out in October 2016.
The total amount of orders received for the instruments in pesos reached nominal value $ 30.601 billion.