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Both phases of the operation had high acceptance rates
'Total savings add up to 7 billion pesos,' Boudou

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Foto Noticia
Economy Minister Amado Boudou spoke at a press conference about the bonds swap.

Economy Minister Amado Boudou said that the bonds swap, which included titles affected by inflation, swapped for bonds which adjust BADLAR funds, reached a 76 percent acceptance rate and had a high level of participation from the private sector.

During a press conference, Boudou and Finance Secretary Hernán Lorenzino spoke about the private sector's role.
Throughout the next three years, the amount of debt will be lessened by 7.261 billion pesos.

The first phase of the operation, which included the Pre9 and Pr12 titles, had an acceptance rate of almost 60 percent, according to official sources.

The second phase, which included the Boden 2014, reached 86 percent.

 



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