BCRA wants to clean debts in dollars of companies and launches a bopreal for US $ 3,000 million

The objective is to “order the payments of commercial debt stock.” It will have a period of three years, will be nominated in dollars and can subscribe to pesos

04/15/2025 – 19: 26hs

He Central Bank He announced that he will issue a new series of bonds to “order the payments of the inherited stock debts.” It is a new bopreal, Series 4, which will have a period of three years and will be for a total amount of U $ 3,000 million.

This new Bopreal broadcast aims to solve the dividends and debt services with linked entitiesof stocks inherited from commercial debts prior to December 12, 2023, while incorporating the possibility of canceling dividends and commercial and financial debt services retained with linked entities. It also covers interest payments for linked financial debts and profits corresponding to exercises initiated as of January 1, 2025.

It should be remembered that previous emissions of Bopreal They managed to order the commercial liabilities of the accumulated importers as of December 12, 2023and this new series aims to end this mission.

The BCRA launches a new bopreal to clean debts with companies

“This new Breap series (series 4) will have a period of three yearswill be nominated in dollars and can subscribe in pesos to face the aforementioned liabilities. The bonds will accrue an interest rate that will be defined at the time of the announcement of their first tender, and will be payable semi -pier. Capital will be repaid in a single amortization at maturity, “the Central Bank explained.

And he explained: “In a first instance, A total amount of issuance of up to 3,000 million dollars will be approved which will be awarded by adhesion in successive tenders. The bidding dates to subscribe these bonds will be announced in the next few days by the BCRA through a communication B. The previous Bopreal broadcasts managed to order the commercial liabilities of the accumulated importers as of December 12, 2023 “.

“This new broadcast aims to solve the dividend retained stocks and debt services with linked entities, and is complemented by the flexibility of flows already implemented in the access to the MLC, which covers interest payments for financial debts with linked and profits corresponding to exercises initiated from January 1, 2025. These measures, which are framed in phase 3 of the economic program, will allow to continue advancing in the process of standardization of the gear capitals Both contribute to the best adaptation of monetary balance.

The Central Bank makes access to the dollar for foreign investors

According to the official statement, the BCRA board “will authorize non -resident investors to access the market -free market (MLC), without prior compliance, for the repatriation of the new investments that make“. This flexibility will have as a condition the “Previous liquidation in said amount of the amount corresponding to the original investment” and will require “a minimum period of permanence of 6 months”, which will be verified by the intervening financial entity.

“The flexibility of these controls Create A more conducive normative environment to attract and channel a greater volume of investments to the domestic capital market. Establishing a minimum temporary horizon operates as a prudential measure aimed at restricting capital entry with markedly speculative profiles, thus favoring greater stability and predictability in market operation, “said the BCRA.

“This measure not only improves the operational framework for investors, but also enables the possibility that Argentine financial assets meet the eligibility criteria required by the main international reference indices. This potential inclusion increases its visibility and attractivestimulating greater demand by institutional funds and other investment vehicles that replicate or guide them by such indices, “he added.

“This potential inclusion increases its visibility and attractiveness, stimulating greater demand by institutional funds and other investment vehicles that replicate or guide these indices. The possibility of channeling financial investments to through the MLC also enables the futures market as a tool for coverage of exchange risks. This possibility improves the conditions for all participants in that market and favors the development of local financial futures markets, promoting a greater volume of transactions and promoting greater liquidity and transparency in price formation, “said the Central Bank.