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The bonds, originally slated to mature in the first quarter of 2023, were extended to different points later this and next year, the ministry said in an internal report.
The swap involved 1.1 trillion pesos of debt due in January, 1.2 trillion due in February and 2 trillion pesos due in March, with amortizations of 0.39 trillion pesos, 0.42 trillion and 0.6 trillion pesos, respectively.
This is the third swap operation during the tenure of Economy Minister Sergio Massa amid a severe economic slump fueled by high inflation estimated to have hit around 100% in 2022.
Banks participating in the swap included private Banco Santander (BME:SAN), Galicia and Macro, among others.
The next auction of titles in the domestic market is scheduled for January 18.
($1 = 178.3600 Argentine pesos)
