The Central Bank of Argentina has set the deposit interest rate to be applied to pending labor lawsuits under Section 55 of Law 27,802 on Labor Modernization and published the corresponding reference rate series. The series is defined as the weighted average of the daily effective rate paid by financial institutions on 30-day ARS time deposits, with observations starting on 3 June 1993 and updated daily. The central bank also enabled an interest calculator that applies this series based on the initial amount and period entered, and it displays the CER+3 adjustment (CER plus a 3% effective annual rate) and a value equal to 67% of CER+3, consistent with the ceiling and floor parameters in Section 55(b) and (c). The full series, the Board resolution and a methodological annex have been made available through the central bank’s institutional channels.
Central Bank of Argentina 2026-03-06
Central Bank of Argentina sets the deposit rate series for pending labor lawsuits and enables an interest calculator
The Central Bank of Argentina set the deposit interest rate for pending labor lawsuits under Section 55 of Law 27,802 on Labor Modernization, based on the weighted average of daily rates for 30-day ARS time deposits. An interest calculator applies this rate, incorporating CER+3 and a 67% adjustment, aligning with Section 55 parameters. The full series and related documents are accessible via the central bank's channels.