Letras del Banco Central de Argentina (LEBAC)
English translation: Bills of exchange issued by Banco Central de Argentina (Argentina\'s Central Bank)
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| 22:11 Apr 30, 2015 |
| Spanish to English translations [PRO] Bus/Financial - Finance (general) / Investment Fund / Argentina | |||||||
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|  Selected response from: Monica Colangelo Argentina Local time: 20:15 | ||||||
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| 5 +1 | Bills of exchange issued by Banco Central de Argentina (Argentina's Central Bank) |
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| 5 | Central Bank Bills |
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Answers
3 hrs confidence: 
peer agreement (net): +1
peer agreement (net): +1Bills of exchange issued by Banco Central de Argentina (Argentina's Central Bank) Explanation: HTH |
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10 mins confidence:
Central Bank Bills Explanation: while the Nobac are Central Bank Notes -------------------------------------------------- Note added at 13 hrs (2015-05-01 11:53:15 GMT) -------------------------------------------------- The same as US T-bills, but for much shorter periods. Definitely not a bill of exchange, used in trade for payment of goods or services. -------------------------------------------------- Note added at 1 day15 hrs (2015-05-02 13:28:25 GMT) -------------------------------------------------- The bills are used to regulate money supply by absorbing pesos on the local money market for short periods by means of weekly auctions, as a result of which they are also constantly maturing. |
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