Auction Results

Through the Central Bank of Uruguay as its financial agent, the Government conducts local auctions in the primary market for Nominal Peso, CPI-linked and Nominal Wage-linked Treasury Notes.

Historical and Current Auctions Results

UP Treasury Notes linked to Nominal Wage due 2040 (Series 3)

Auction Date	Settlement Date	Auctioned Amount (*)	Tendered (*)	Accepted (*)	YTM (%)
01/24/2020	01/27/2020	3350	11326	5460	2.57
02/26/2020	02/27/2020	650	1690	1060	2.45
05/12/2020	05/13/2020	650	2200	1140	2.91
06/23/2020	06/24/2020	650	1842	1163	2.93
07/21/2020	07/22/2020	850	3020	1700	2.82
09/22/2020	09/23/2020	850	3100	1700	2.10
11/17/2020	11/18/2020	850	2758	1700	2.06
02/17/2021	02/18/2021	750	2915	1500	1.89
04/20/2021	04/21/2021	750	2750	1500	1.82
06/22/2021	06/23/2021	750	2538	1500	1.79
01/24/2023	01/25/2023	1100	3539	2157	2.15
02/09/2023	02/13/2023	4100	11100	8200	2.11
03/21/2023	03/22/2023	1100	1300	1100	2.12
05/16/2023	05/17/2023	1100	2566	2200	2.21
08/22/2023	08/23/2023	1200	2380	2080	2.15
10/24/2023	10/25/2023	1400	1805	1500	2.21
12/19/2023	12/20/2023	1200	2126	1071	2.16
07/16/2024	07/17/2024	850	2270	1700	2.14
09/10/2024	09/11/2024	850	2033	1700	2.19
11/05/2024	11/06/2024	850	2020	40	2.08

* in million of UP

UP Treasury Notes linked to Nominal Wage due 2047 (Series 5)

Auction Date	Settlement Date	Auctioned Amount (*)	Tendered (*)	Accepted (*)	YTM (%)
08/31/2021	09/01/2021	850	3320	1700	1.88
10/26/2021	10/27/2021	1000	2550	2000	1.90
12/21/2021	12/22/2021	2270	5035	4540	1.93
02/04/2022	02/07/2022	4300	12985	8600	1.78
02/22/2022	02/23/2022	1000	3840	1910	1.74
04/26/2022	04/27/2022	1000	3730	2000	1.72
06/28/2022	06/29/2022	1000	1700	1000	2.20
08/30/2022	08/31/2022	1000	2610	2000	2.22
10/25/2022	10/26/2022	1000	2373	1933	2.27
12/20/2022	12/21/2022	1150	3164	2300	2.8
02/10/2023	02/13/2023	4100	9675	8200	2.14
02/28/2023	03/01/2023	1200	4230	2400	2.15
04/18/2023	04/19/2023	1200	2308	1588	2.21
06/20/2023	06/21/2023	1900	3230	3230	2.27

* in million of UP

UP Treasury Notes linked to Nominal Wage due 2036 (Series 6)

Auction Date	Settlement Date	Auctioned Amount (*)	Tendered (*)	Accepted (*)	YTM (%)
07/19/2023	07/20/2023	1200	3090	2390	2.20
09/12/2023	09/12/2023	1200	2480	2400	2.17
11/14/2023	11/15/2023	1200	2125	2125	2.23
01/16/2024	01/17/2024	850	3068	800	1.89
03/13/2024	03/14/2024	850	2785	1584	1.84
05/21/2024	04/22/2024	850	1640	1640	2.12

* in million of UP

UP Treasury Notes linked to Nominal Wage due 2029 (Series 7)

Auction Date	Settlement Date	Auctioned Amount (*)	Tendered (*)	Accepted (*)	YTM (%)
02/20/2024	02/21/2024	1200	3819	2400	1.29
04/23/2024	04/24/2024	1200	2265	1135	1.53
06/18/2024	06/19/2024	1200	3025	1125	1.81
08/13/2024	08/14/2024	1200	3706	2400	1.83
10/08/2024	10/09/2024	1200	1937	397	1.82

* in million of UP

UI Treasury Notes linked to CPI due 2034 (Series 29)

Auction Date	Settlement Date	Auctioned Amount (*)	Tendered (*)	Accepted (*)	YTM (%)
08/23/2021	08/24/2021	300	751.5	420.4	2.50
10/19/2021	10/20/2021	300	508.5	243.4	2.53
12/14/2021	12/15/2021	300	832.2	581.9	2.54
12/21/2021	12/22/2021	300	375.4	165.4	2.54
02/02/2022	02/07/2022	1100	3108	2181.9	2.43
02/15/2022	02/16/2022	300	796.1	549.5	2.40
04/19/2022	04/20/2022	300	720.7	367.6	2.40
06/21/2022	06/22/2022	300	276	57.9	2.94
08/23/2022	08/24/2022	300	384.1	334.1	3.53
10/18/2022	10/19/2022	300	593.3	558.3	3.59
12/13/2022	12/14/2022	300	250	117.7	3.49
04/11/2023	04/12/2023	200	416,5	217.5	3.39
06/13/2023	06/14/2023	275	349,3	249.3	3.40
08/15/2023	08/16/2023	275	524.5	334.5	3.39
10/17/2023	10/18/2023	275	262.1	no tenders accepted	--
12/12/2023	12/13/2023	150	339	224	3.43

* in million of UI

UI Treasury Notes linked to CPI due 2027 (Series 30)

Auction Date	Settlement Date	Auctioned Amount (*)	Tendered (*)	Accepted (*)	YTM (%)
01/18/2022	01/19/2022	475	2217.9	950	0.85
02/01/2022	02/07/2022	1300	5497.3	2600	0.67
03/15/2022	03/16/2022	475	1247.6	950	0.59
05/17/2022	05/18/2022	475	1090.7	362.2	0.99
07/19/2022	07/20/2022	350	250.4	18.7	1.82
09/20/2022	09/21/2022	350	305.2	57.2	2.70
11/22/2022	11/23/2022	350	203.6	62.9	2.95
07/25/2023	07/26/2026	200	433	377	3.09
09/19/2023	09/20/2023	200	284.2	199.2	3.07
11/21/2023	11/22/2023	200	601.3	400	3.09

* in million of UI

UI Treasury Notes linked to CPI due 2029 (Series 31)

Auction Date	Settlement Date	Auctioned Amount (*)	Tendered (*)	Accepted (*)	YTM (%)
01/17/2023	01/18/2023	200	446	196	3.10
02/07/2023	02/13/2023	700	1880	1400	3.10
03/14/2023	03/15/2023	200	288	57	2.99
05/09/2023	05/10/2023	200	292	218	3.09
01/23/2024	01/24/2024	200	1067	400	2.74
03/19/2024	03/20/2024	200	493.5	288	2.73
05/28/2024	05/29/2024	450	1078.5	878.5	2.82
07/23/2024	07/24/2024	350	324	94	2.94
09/17/2024	09/18/2024	250	357.4	16	2.96
11/12/2024	11/13/2024	250	202.8	53.6	3.00

* in million of UI

UI Treasury Notes linked to CPI due 2036 (Series 32)

Auction Date	Settlement Date	Auctioned Amount (*)	Tendered (*)	Accepted (*)	YTM (%)
02/27/2024	02/28/2024	200	615	195	3.12
04/30/2024	05/02/2024	200	241.9	125.9	3.26
06/25/2024	06/26/2024	200	234	33	3.26
08/20/2024	08/21/2024	150	298	170	3.33
10/15/2024	10/16/2024	150	248	160	3.43

* in million of UI

Nominal Peso (UYU) Treasury Notes due 2029 (Series 10)

Auction Date	Settlement Date	Auctioned Amount (*)	Tendered (*)	Accepted (*)	YTM (%)
01/31/2023	02/01/2023	800	4180	1600	10.49
02/08/2023	02/13/2023	4000	9010	4157	10.38
03/28/2023	03/29/2023	800	611.8	no tenders accepted	--
05/23/2023	05/24/2023	800	191.1	no tenders accepted	--
08/08/2023	08/09/2023	950	2557	658	9.38
10/10/2023	10/11/2023	600	393.3	93.3	10.07
12/05/2023	12/06/2023	600	131.1	41.1	9.93

* in million of nominal pesos

Nominal Peso (UYU) Treasury Notes due 2026 (Series 11)

Auction Date	Settlement Date	Auctioned Amount (*)	Tendered (*)	Accepted (*)	YTM (%)
02/06/2024	02/07/2024	600	2513	1200	9.04
03/05/2024	03/06/2024	1000	6269	2000	8.95
04/16/2024	04/17/2024	1000	2393	2000	8.76
06/11/2024	06/12/2024	1000	2540	2000	8.68
07/30/2024	07/31/2024	1200	3569	1359	8.90
08/27/2024	08/28/2024	1200	2319	1201	8.99
09/24/2024	09/25/2024	900	3124	1800	9.13
10/22/2024	10/22/2024	900	3654	1800	9.05
11/19/2024	11/20/2024	900	2309	1069	8.90