Through two resolutions published in the Official Gazette, the Government ordered the issuance of Treasury Bills to finance transport infrastructure and renewable energy.
First, the resolution 147-E/2017 The Ministry of Finance ordered the issuance of a Treasury Bill as collateral for US$ 4.498.549.000, to be delivered to the Trust Fund for the Development of Renewable Energy.
In addition, the Government ordered, through the publication of la resolution 143-E/2017, the issuance of two Treasury Bills to be subscribed by the Transport Infrastructure System Trust Fund (FFSIT), for an amount of $450.000.000 and $800.000.000, respectively.
The issue in pesos will have an expiration date of February 16, 2018 for the first case, and March 2, 2018 for the second.
Both will accrue quarterly interest at the BADLAR rate for public banks, which will be determined as the simple arithmetic average of the interest rate for fixed-term deposits of more than $1.000.000 for terms of thirty and thirty-five days.
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