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Argentina: Leliqs Are Out, Bonds Are in, a Substitution with Impact

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Editorial: Leliqs Are Out, Bonds Are in, a Substitution with Impact
Last Thursday, the Central Bank decided to change its reserve requirements policy. From now on it gives banks the option to use sovereign bonds with a maturity above 180 days and below 450 days, instead of Leliq...

 

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Argentina: Leliqs Are Out, Bonds Are in, a Substitution with Impact

Editorial: Leliqs Are Out, Bonds Are in, a Substitution with Impact Last Thursday, the Central Bank decided to change its reserve requirements policy. From