Argentina's Ministry of Finance auctioned government bonds totaling 10.34 trillion pesos, receiving bids for a total of 11.17 trillion pesos. This represents a rollover of 124.20% on the day's maturities. In this placement, it was necessary to raise interest rates to 42.41% in the shortest tranche. The placement level exceeded the maturities remaining in the last tranche of the month. Market specialists said the operation was higher than expected. It was anticipated that the government would aim for figures close to 100%, but the result was higher than estimated. Almost half of the placement was in a LECAP bond maturing on March 16. These were the bonds placed: LECAP/BONCAP: 16/3/26 (S16M6) - 4.91 trillion pesos, 2.99% TEM, 42.41% TIREA. 31/7/26 (S31L6) - 1.84 trillion pesos, 2.75% TEM, 38.48% TIREA. 30/11/26 (S30N6) - 0.04 trillion pesos, 2.55% TEM, 35.24% TIREA. 15/1/27 (T15E7) - 0.19 trillion pesos, 2.50% TEM, 34.46% TIREA. CER: 31/7/26 (X31L6) - 0.44 trillion pesos at 7.83% TIREA. 30/11/26 (X30N6) - 1.07 trillion pesos at 8.35% TIREA. 30/6/27 (TZX27) - 0.74 trillion pesos at 8.13% TIREA. 30/6/28 (TZX28) - 0.26 trillion pesos at 8.75% TIREA. TAMAR: 31/8/26 (M31G6) - 0.75 trillion pesos with a margin of 6.24%. Dollar Linked: 30/4/26 (D30A6) - 0.1 trillion pesos at 6.02% TIREA.
