The BCRA awarded bids for BOPREAL Series 4 bonds for USD9 million (NV) at the third and last auction. Upon completing the three planned auctions, aggregate awards reached USD845 million (NV).
The BOPREAL Series 4 was designed to supplement the process of easing capital flows and normalizing the exchange rate regime, as outlined in Stage 3 of the Economic Program.
The BOPREAL series—launched in December 2023—have achieved their main objective of providing a solution for companies to preserve their production cycles and reduce their foreign debt stock.
Thus, the BOPREAL series played a crucial role in significantly reducing the inherited foreign exchange imbalances.
