Argentina’s Central Bank launches fourth series of the BOPREAL bond
Argentina’s Central Bank launched on Wednesday the fourth series of the BOPREAL, a bond intended for companies to pay off their international providers and creditors, and remit profits overseas. This series is allowed to be used to pay off debts acquired until December 2023 and send retained dividends generated until December 2024.
During the last months of Alberto Fernández’s administration in 2023, the monetary authority failed to provide companies with U.S. dollars at the official rate. To prevent economic activity from halting, the government allowed companies to purchase........
© Buenos Aires Herald
