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Spanish to English translations [PRO]
Bus/Financial - Finance (general) / investment/securities | | Spanish term or phrase: en compra primaria (al gobierno nacional) | From "artículo 76 de la Ley No. 24.241" (Argentina):
Todas las inversiones que por su naturaleza respondan a las características de los activos definidos en los incisos o) o p) del artículo 74 y que estén respaldadas por títulos públicos adquiridos en compra primaria al Gobierno Nacional deberán hallarse dentro de los límites del inciso a) del artículo 74". |
| Lee PenyaKudoZ activityQuestions: 679 ( 6 open) ( 18 without valid answers) ( 2 closed without grading) Answers: 37
| Local time: 13:50
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| | in the primary market (from the federal government) | Explanation:
backed by government bonds bought (acquired) in the primary market
primary market (new-issue market): Market for new issues of municipal bonds and notes.
I'm sure it means "bought in the primary market" (in other words, "newly issued government bonds").
All investments that are backed by public bonds acquired in the primary market ...
but I'm not at all sure about the "al Gobierno". Isn't the government issuing these bonds? From a Google search, the ONLY place that the phrase "en compra primaria al Gobierno" appears is in this very sentence that you are translating, so I think it may be a typo (del Gobierno). |
| Selected response from:
Patricia Rosas
United States
Local time: 11:50
| Grading comment Thanks, Patricia!
3 KudoZ points were awarded for this answer |
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| Discussion entries: 0 |
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Automatic update in 00:
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6 hrs confidence:   in the primary market (from the federal government)
Explanation:
backed by government bonds bought (acquired) in the primary market
primary market (new-issue market): Market for new issues of municipal bonds and notes.
I'm sure it means "bought in the primary market" (in other words, "newly issued government bonds").
All investments that are backed by public bonds acquired in the primary market ...
but I'm not at all sure about the "al Gobierno". Isn't the government issuing these bonds? From a Google search, the ONLY place that the phrase "en compra primaria al Gobierno" appears is in this very sentence that you are translating, so I think it may be a typo (del Gobierno).
| Patricia Rosas
United States
Local time: 11:50
Native speaker of: English
PRO pts in category: 90
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The translation workplace 
