Lebac

[TomAtAlki]

Does anyone know any details about this bond.....at least I think it's a bond. I have heard you can buy for 6, 9 or 12 months and it pays 30% interest. It sounds like a good way to hedge against inflation since the US $ isn't moving much anymore.

Any info would be appreciated. Like where to buy? how to buy? safety? is interest taxable? who can buy? etc?

Thanks, T/

 

[Rich One]

Some basic info on Lebac`s For investments of US$50,000 or more?


https://translate.go...tml&prev=search

https://translate.google.cl/translate?hl=en&sl=es&u=http://www.lanacion.com.ar/2081864-aconsejan-invertir-en-lebac-y-en-fondos-en-pesos-para-aprovechar-la-suba-de-tasas-del-bcra&prev=search

 

[gusgutier]

Try for advice at your bank. They do the job of buying and custody for you ( in change of a fee ). At least, B. Frances does