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National Treasury


The Treasury Department, from the Public Credit and Treasury Division in the Ministry of Finance and Public Credit, is a support in all matters related to management, development and control of the investments, liquidity and Nation’s Cash Flow.  In order to do so it executes operations towards the reach of new resources, optimization of surpluses and efficient management of funds, at all times under rules of security, maximization of earnings, transparency and everything in market conditions.

TES Portfolio
Operations in American Dollar - USD
Borrowing of Bonds (TES)

TES  Portfolio
2009
2010

2011

January
2.142.000
2.513.434
2.271.956
February
1.673.300
2.948.750
2.581.807
March
2.141.700
1.907.010
2.168.406
April
1.638.500
1.011.127
2.686.950
May
1.549.831
855.324
1.628.364
June
1.232.878
309.420
1.762.937
July
1.399.771
522.936
2.014.433
August
1.233.551
745.030
2.210.550
September
1.501.854
884.557
3.254.278
October
934.613
759.789
 
November
1.063.621
789.298
 
December
1.533.354
2.226.566
 
 
***Present value
  ***Amounts in millions

Operations in American Dollar - USD
Operation
2011
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Spot Buy (1) 0
0
0
0
363
264
180
7.5
0
 
 
 
Spot Sell (2) 0.5
65
210
18
5
0
0
0
6
 
 
 
International Reservers Buy(3) 0
0
0
0
0
0
0
0
0
 
 
 
Public Entities Buy (Net) (4) -1
-4
0
-0.4
-0.5
-0.6
-0.5
-0.6
-6.6
 
 
 
Total Spot = (1)-(2)+(3)+(4) -1.5
-69
-210
-18.4
357.5
263.4
179.5
6.9
-12.6
 
 
 
Swaps Buy (5) 0
0
0
0
0
0
0
0
0
 
 
 
Swaps Sell (6)
 0
0
0
0
0
0
0
0
0
 
 
 
Forward Buy(7)
 119
103
0
75
20
0
100
0
0
 
 
 
Forward Sell (8)
 0
0
0
0
0
0
0
0
0
 
 
 
Total Derivatives = (5)-(6)+(7)-(8)
119
103
0
75
20
0
100
0
0
 
 
 
Operation
2010
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep 
Oct
Nov
Dec
Spot Buy (1) 0 0 0 0 0 0 0

0

Spot Sell (2) 155  74 192 195 239 0 283  401  249  34

0

International Reservers Buy(3) 0 0 0  0 0  0  0  0

0

Public Entities Buy (Net) (4) 0 -37 -43 -21 -31 0 0 13 0  0 -16 

-166

Total Spot = (1)-(2)+(3)+(4) -155 -111 -234 -216 -270 0 -283 -388  -249 -34 -16 

-166

Swaps Buy (5) 0 0 0  0 0  0  0 0  0 0

0

Swaps Sell (6) 0 0 0  0 0  0  0  0  0  0

0

Forward Buy(7) 0 0 0  0 0  0  0  0  0  0

81

Forward Sell (8) 0 0 0  0  0  0  0  0  0  0

0

Total Derivatives = (5)-(6)+(7)-(8) 0 0 0  0  0 0 0 0  0

81

***Amounts in millions USD

Borrowing of Bonds (TES)
2009*

2010

 2011*
January
1.190

0

23.521
February
5.413

19.860

 

March
5.442

0

 
April
0

1.163

 
May
0

0

 
June
1.249

0

 
July
22.907

0

 
August
10.007

0

 
September
0

60.681

 
Octobre
0

0

 
November
91.595

8.013

 
December
0

0

 

***Present value
  ***Amounts in millions

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