Economy Politics Country 2025-10-30T02:07:09+00:00

Argentina's Secret Bond for the U.S.

Argentina's government created a secret bond for the U.S. to place pesos bought to stabilize the currency before the election.


Argentina's Secret Bond for the U.S.

The national government is reported to have designed a special bond with secret clauses. This is intended for the United States government to place the pesos it purchased as part of the plan to curb the currency's rise in the days leading up to the election. This is suggested by reports from private consultancies based on data from the Central Bank. The assessment estimates that the U.S. Treasury placed a total of ARS 2.75 trillion at a fixed rate last Thursday, as seen in the information published by the monetary authority. At present, this instrument has not been announced, so its conditions, terms, and interest rate are unknown. The placement is reportedly deposited in the Central Bank under the denomination of Liquidity Letter (Leliq). In response to a query from NA, the Central Bank stated that it does not yet have information to provide. It is worth recalling that there was never any clarity or transparency in the information about how many dollars the U.S. Treasury sold. Traders' estimates place the figure between US$ 2.000 and US$ 2.500 million.