Gov't borrows AR$3.23 billion from ANSES

The federal government ordered the issue of a Treasury note worth US$801 million or AR$3.23 billion, according to joint resolutions 359 and 105/2010 published today in the Official Gazette.

The placement is a dollar-denominated 120-day note issued November 29 for US$801 million, paying 5 percent.
It expires on March 29, 2011.

Placement was made with direct subscription by the Social Security Administrative Bureau (ANSES), through the Sustainability Guarantee Fund (FGS).