Politikon Chaco provided an overview of the financial situation of the Argentine provinces in terms of their public debt obligations during the month of May 2024.
Maturity Volume: In May 2024, the provinces and CABA faced maturities for a total of $240,951 millionwhich is a 336.9% higher the same month of the previous year and a 12.1% lower as of April 2024.
Distribution by Instrument: He 70% of the maturities corresponded to LettersMeanwhile he 30% to Bonuses.
Payment Currency: He 92% of the maturities were in pesos ($221,312 million), including those settled in dollars but paid in pesos, and the 8% in foreign currency (USD 22.3 million).
Provinces with the Highest Volume: The Buenos Aires province had the highest volume of maturities with $189,655 million (78.7% of the month’s total), followed by Chaco and Neuquen with $18,119 million (7.5%) and $12,064 million (5.0%) respectively.
