BCRA approves debt swap for bonds under Argentine law

Thursday, August 27, 2020

The BCRA’s Board adopted the resolution to swap all eligible securities in the BCRA´s portfolio for new bonds in US dollars.

In line with the exchange offer announced by the Ministry of Economy on August 18, 2020, the Board of the BCRA accepted to swap under Argentine law all eligible instruments in the BCRA´s portfolio for new bonds in US dollars.

BCRA Extends Validity Period of Communication A7030

The Board further decided to extend until October 31 the validity of Communication A7030, as amended, and the term—from 120 to 365 calendar days—for companies to have available funds on deposit in bank accounts abroad derived from sums borrowed abroad and allocated to the repayment of principal and interest.

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