The BCRA appeals to the passes to boost the Negotiable Obligations market in pesos

In its quest to boost the local capital market, the Central Bank (BCRA) determined that corporate Negotiable Obligations (ON) that meet certain technical characteristics may be used by banks as collateral to expand their stock of active passes. The measure, the monetary authority itself reported in a statement, Its objective is “to incentivize the local […]

The BCRA appeals to the passes to boost the Negotiable Obligations market in pesos

In its quest to boost the local capital market, the Central Bank (BCRA) determined that corporate Negotiable Obligations (ON) that meet certain technical characteristics may be used by banks as collateral to expand their stock of active passes. The measure, the monetary authority itself reported in a statement, Its objective is “to incentivize the local […]

The BCRA appeals to the passes to boost the Negotiable Obligations market in pesos

In its quest to boost the local capital market, the Central Bank (BCRA) determined that corporate Negotiable Obligations (ON) that meet certain technical characteristics may be used by banks as collateral to expand their stock of active passes. The measure, the monetary authority itself reported in a statement, Its objective is “to incentivize the local […]

forecast of the economist who knows best

Daniel Marx, the former official who led the most debt restructuring for the country, spoke of everything. Guzmán’s strategy, mistakes, and as follows If there is an economist who knows more deeply, and in first person, the ups and downs of debt negotiations, that is Daniel Marx. He has been a privileged actor since the […]

forecast of the economist who knows best

Daniel Marx, the former official who led the most debt restructuring for the country, spoke of everything. Guzmán’s strategy, mistakes, and as follows If there is an economist who knows more deeply, and in first person, the ups and downs of debt negotiations, that is Daniel Marx. He has been a privileged actor since the […]

ECB bond purchase program: Freedom from the Bundestag in a hurry

Dhe European Central Bank (ECB) bond purchase program from 2015 has already caused a lot of trouble. Especially since the Federal Constitutional Court urged the ECB in a sensational ruling in May to disclose how it weighed the effects of its controversial PSPP program. In the meantime, a solution to the ongoing dispute is imminent: […]

what will the government do if there is no agreement

The committee that owns 32% of the debt led by BlackRock criticized the government again. They ask that Guzmán be displaced and the unrest grows The saga of the restructuring of the debt keep scoring new chapters. At this point, the various official sources do not even agree on the operations that they reveal. Is […]

What happens with punitive interest for late payment

The unpaid installments will be incorporated in the months following the end of the life of the loan, considering the accrual of the compensatory interest rate. The Central Bank (BCRA) confirmed that companies that have agreed to 24% loans for the payment of wages, working capital or any other type of financing, will not pay […]

Counting Time, Gold One More Step to Level US $ 1,800 / Oz

Jakarta, CNBC Indonesia – The price of precious metals gold continues to move near US $ 1,800 per troy ounce. The development of a worsening coronavirus disease 2019 (Covid-19) pandemic continues to drive asset prices safe haven it rises higher. Increasing cases of corona virus infection in various countries must still be monitored. Already more […]

BIS warns of high spirits in the financial markets

DCentral bank measures have had a stabilizing effect on the first strikes of the corona crisis. But in the long run they need the support of the states when it comes to pushing growth again. In its annual report released on Tuesday, the Bank for International Settlements (BIS), which is considered to be the bank […]