Buenos Aires, Dec 15 (NA) – The Secretariats of Finance and Treasury have authorized the issuance of new public debt instruments and the expansion of existing issuances for a total amount exceeding 32 trillion pesos and 3.5 billion dollars, as published today in the Official Bulletin by Joint Resolution 63/2025. The norm, as confirmed by the Argentine News Agency, authorizes the placement of five new instruments in the tender held on December 11: a Capitalizable Treasury Bill in pesos with a maturity date of April 17, 2026, for an original nominal value of up to 8 trillion pesos; two additional capitalizable bills with maturities in November 2026 and May 2027 for up to 5 trillion each; and two instruments adjusted by the Stabilization Coefficient of Reference (CER) for equivalent amounts. In parallel, the resolution authorizes the expansion of previous issuances: the Capitalizable Bill with a May 2026 maturity is extended to 4.3 trillion pesos; the CER-adjusted Bill for the same maturity reaches 5 trillion; the TAMAR rate Bill with an August 2026 maturity is expanded to 4.8 trillion; and the US dollar-linked Bill with an April 2026 maturity is increased to 3.555 billion dollars. According to the considerations, the issuances are carried out within the framework of the National Treasury financing program and have the corresponding budget authorizations for the 2025 fiscal year. The instruments offer different return profiles depending on their indexing, including capitalizable rates determined by tender, adjustment for inflation (CER), and currency hedging.
