The Ministry of Finance and Public Credit (the “Ministry”) announces the government securities auction calendar for the first quarter of 2013, which will be valid beginning December 31st, 2012. The government securities auction calendar is consistent with the Economic Program to be approved by Congress for the 2013 fiscal year. Moreover, the announcement is consistent with the 2013 Annual Borrowing Program that will be released once the Economic Program for the 2013 fiscal year is approved.