trending Market Intelligence /marketintelligence/en/news-insights/trending/HdrTgXZ_ieE_7Kf9hxPJ6A2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Argentina introduces 14-day Leliq notes, reduces frequency of auctions

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible

Argentina introduces 14-day Leliq notes, reduces frequency of auctions

Argentina's central bank said it will reduce the frequency of auctions for Leliq notes, which are issued twice per business day to establish the country's benchmark interest rate, to twice per week on Tuesdays and Thursdays.

Banco Central de la República Argentina will also start auctioning 14-day Leliq notes, in addition to the seven-day notes it already offers.

The changes, which take effect Jan. 21, will help the central bank "better control" liquidity conditions in Argentina's recession-hit economy, the regulator said in a statement.

Argentina's new government is looking to stabilize the economy as it heads into debt restructuring talks with creditors including the International Monetary Fund. The central bank, under new chief Miguel Pesce, has lowered the floor on the Leliq rate multiple times in the past few weeks. The rate floor currently stands at 50%, down from 63% in December 2019.