# Argentine central bank moves to spread out Lebac debt payments

> Argentina's central bank offered to swap some of its one-month Lebac securities to spread out debt payments. The move aims to improve the debt profile after peso-denominated Lebac holders gained the right to demand settlement.

- Date: 2018-05-23 · published 2018-05-23T12:00:00.000Z
- Category: macro · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/65308-argentine-central-bank-moves-to-spread-out-lebac-debt-payments
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

Smoothing Lebac maturities eases pressure on the peso and reserves, which can support Argentine import demand and currency stability for feed buyers sourcing Argentine meal and grain.

## Read by commodity

- USDARS: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/article/markets/us/argentine-central-bank-moves-to-spread-out-lebac-debt-payments-idUSL2N1SU162/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.