{"id":3175,"date":"2025-08-12T18:45:22","date_gmt":"2025-08-12T21:45:22","guid":{"rendered":"https:\/\/tendenciaspoliticas.com\/?p=3175"},"modified":"2025-08-12T18:45:23","modified_gmt":"2025-08-12T21:45:23","slug":"bcra-lanza-nueva-ventanilla-para-bajar-tasas-de-interes","status":"publish","type":"post","link":"https:\/\/tendenciaspoliticas.com\/?p=3175","title":{"rendered":"BCRA lanza nueva ventanilla para bajar tasas de inter\u00e9s"},"content":{"rendered":"\n<p>El BCRA abrir\u00e1 una ventanilla de liquidez mediante pases activos contra Letras a m\u00e1s de 60 d\u00edas para limitar la volatilidad de tasas y promover plazos m\u00e1s largos.<br><\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"420\" height=\"236\" src=\"https:\/\/tendenciaspoliticas.com\/wp-content\/uploads\/2025\/08\/image-133.png\" alt=\"\" class=\"wp-image-3176\" style=\"width:740px;height:auto\" srcset=\"https:\/\/tendenciaspoliticas.com\/wp-content\/uploads\/2025\/08\/image-133.png 420w, https:\/\/tendenciaspoliticas.com\/wp-content\/uploads\/2025\/08\/image-133-300x169.png 300w\" sizes=\"auto, (max-width: 420px) 100vw, 420px\" \/><\/figure>\n\n\n\n<p>El Banco Central implementar\u00e1 una ventanilla de liquidez destinada a los bancos. Permitir\u00e1 acceder a pases activos contra Letras del Tesoro con vencimiento superior a 60 d\u00edas, suscriptas en licitaciones primarias.<\/p>\n\n\n\n<p>El objetivo es frenar la alta volatilidad en las tasas de inter\u00e9s generada tras el retiro de las Letras Fiscales de Liquidez (Lefis). Adem\u00e1s, busca incentivar que los bancos extiendan la duraci\u00f3n de sus colocaciones en pesos.<\/p>\n\n\n\n<p>Esta medida llega justo antes de una licitaci\u00f3n del Tesoro que enfrenta vencimientos por aproximadamente $15 billones en Lecap. Al ofrecer esta alternativa, el BCRA pretende evitar ventas masivas en el mercado secundario a precios desfavorables.<\/p>\n\n\n\n<p>El costo del pase activo estar\u00e1 vinculado a la Tasa Mayorista de Argentina (TAMAR) m\u00e1s un spread. Adem\u00e1s, cada banco podr\u00e1 solicitar un monto acorde a su Responsabilidad Patrimonial Computable (RPC), evitando presiones adicionales sobre las tasas.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>El BCRA abrir\u00e1 una ventanilla de liquidez mediante pases activos contra Letras a m\u00e1s de&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,13],"tags":[15],"class_list":["post-3175","post","type-post","status-publish","format-standard","hentry","category-economia","category-ultima-noticia","tag-economia"],"_links":{"self":[{"href":"https:\/\/tendenciaspoliticas.com\/index.php?rest_route=\/wp\/v2\/posts\/3175","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tendenciaspoliticas.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tendenciaspoliticas.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tendenciaspoliticas.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/tendenciaspoliticas.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3175"}],"version-history":[{"count":1,"href":"https:\/\/tendenciaspoliticas.com\/index.php?rest_route=\/wp\/v2\/posts\/3175\/revisions"}],"predecessor-version":[{"id":3177,"href":"https:\/\/tendenciaspoliticas.com\/index.php?rest_route=\/wp\/v2\/posts\/3175\/revisions\/3177"}],"wp:attachment":[{"href":"https:\/\/tendenciaspoliticas.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3175"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tendenciaspoliticas.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3175"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tendenciaspoliticas.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3175"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}