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The central bank announced the third stage of its LEBAC bill settlement schedule, with an auction on October 16 offering between ARS100 billion and ARS150 billion to non-bank participants. The bank plans to shift LELIQs into its main sterilization channel.
Currently the LEBAC stock is ARS340 billion, with 12% held by banks.
Domestic monetary operations affect Argentine peso liquidity and rates, which influence local feed costs but have little effect on global commodity prices.
bcra.gob.arPerera CarlotaOct 12, 2018Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
