Wednesday , June 16 2021

How to buy cheaper dollars and get a minimum return of almost 5%

I hembank

It is through a LETES tender that will take place on Tuesday and next Wednesday. It can be subscribed in pesos or in foreign currency

The Ministry of Finance predicted that next Tuesday and Wednesday, it will sell Letras del Tesoro (Searched) in US dollars.

This title, which in some cases can be subscribed via a home bank, will allow investors to buy cheaper dollars with a minimum return of almost 5%.

The asset will be activated for purchases from US $ 1000 and its exit will be May 10, 2019 (175 days), that is, within almost six months.

The receipt of offers begins at 10 am on Tuesday 13 November and ends at 15 o'clock on Wednesday 14th.

The maximum US dollar bill will be $ 977.73 per thousand dollars, equivalent to a nominal annual rate of 4.75%, said the Ministry of Finance.

The office headed by Nicolás Dujovne clarified that the subscription can be done in pesos or dollars. The exchange rate for executing it is Tuesday 13.

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