On July 31, the Executive published in the Official Gazette the Central Bank agreement approving the Special Program for Cash Purchase Operations carried out jointly and simultaneously with the Term Sale of instruments issued by banking companies. 

The program is aimed at open market entities involved in the Open Market Operations System (SOMA). Each operation considers two purchases agreed jointly and simultaneously which constitute the same negotiation or contract for all legal purposes.

In other news, the Central Bank also approved the Special Program for the Purchase of Promissory Notes or Fixed Term Certificates of Deposit issued by banking companies (DP), in pesos or in Development Units and at the order of its beneficiary.  

This program will be governed by the general terms and conditions applicable to the purchase by the Central Bank of debt instruments issued by banking companies corresponding to bank bonds or debentures without special guarantees.