Overview
- The Treasury awarded 9.37 trillion pesos after 10.06 trillion in bids, covering roughly 9.5 trillion pesos due and achieving a 98% rollover.
- The shortest LECAP maturing February 27 was the largest line at 2.85 trillion pesos, clearing at a 49.16% TIREA.
- Nearly half of the funds went into CER-indexed securities, signaling strong demand for inflation hedges.
- A dollar‑linked bill maturing March 31 went unawarded, while the February 27 dollar‑linked note placed 0.19 trillion pesos at a 9.23% TIREA.
- Officials highlighted that the sale prevented a release of pesos into a thin market as local rates climbed and the central bank continued buying dollars to rebuild reserves.