He Banco Nación “converted” to the fixed term to make it more attractive to savers, because the traditional ones at a predetermined rate are beating the price of the dollar but are losing against the inflation. For this reason, it launched a new type of deposit in pesos, which allows interest to be generated and withdrawn every month and adjusted based on the consumer price index (CPI).
The new instrument presented by BNA is called “UVA fixed-term deposit certificate with interest payment by subperiods”, and allows you to collect interest every 30 days.
The requirement to take into account, as occurs with the other UVA fixed terms, which are those that adjust for inflation, is that the minimum requested period for the reserve of the original funds deposited is 90 days.
That is, with this new alternative, the novelty is that the profits (interest) can be withdrawn monthly, but the capital invested cannot move during the first 3 months having constituted this investment.
It should be remembered that the traditional UVA fixed-term version only allowed the withdrawal of all the capital obtained (what was invested plus interest) only after the initial 90 days had elapsed..
Likewise, the maximum stay time With this new UVA fixed term with payment of interest by subperiods it is 2 and a half years.
On the other hand, human beings can access this investment through electronic channels and over the counter, and the minimum placement amount required is $1,500, a practically symbolic figure.
Another condition of this new instrument that adjusts for inflation is that it is untransferable.
“Enjoy the peace of mind of an investment that protect the purchasing power of your savings. Your capital is adjusted by UVA and you will charge periodic interest during the term of your UVA fixed term,” highlights the official information from Banco Nación about this new savings tool.
It should be remembered that the Purchasing Value Units (UVA) They are updated by the Reference Stabilization Coefficient (CER), whose price is established daily by the Central Bank and can be consulted daily.
He Nation Bank It is among the main Argentine financial entities in terms of number of users, with more than 20 million savings accounts throughout Argentina, and because it is the channel where state employees, retirees and other social beneficiaries collect salaries.
New UVA fixed term with monthly income
The fact to take into account that led the banks to begin to think about other types of fixed terms to seduce saversis due to the fact that the system’s interest rates are falling, while inflation has a higher trend.
Specifically, Today a traditional fixed term at Banco Nación is paying an annual nominal rate (TNA) of 22% for individuals in the electronic channel, for a placement period of 30 to 59 days. This represents an income of 1.81% in a period of one month.
Instead, the inflation has been, since 2026 began, in a level close to 2.9% per month.
Therefore, the rate of traditional fixed term is negative more than 3 months ago frelative to the behavior of the rest of the consumer prices.
Thus, Banco Nación presented the “UVA fixed-term deposit certificate with interest payment by subperiods“, which maintains the reserve requirement of funds at 90 days, but introduces the mechanics of withdraw profits monthly while the silver “continues to work.”
In this way, it offers a better income than the traditional fixed term. In fact, it provides a TNA additional to inflation of 1.5% annually on placements of 90 to 119 days and 3.75% TNA in placements greater than 360 days.
Even this launch of Banco Nación was promoted by the bank itself. Federico SturzeneggerMinister of Deregulation and Modernization of the State, who came out to promote it on social networks.
“We Argentines never had a way to save in a bank with a monthly income while protecting our capital. Well, that’s over today,” indicated this official.
And he stressed that it is an instrument that allows “invest in UVA, so my money is protected in purchasing power.”
For Sturzenegger, this “UVA fixed-term deposit certificate with interest payment by subperiods” consists of the rent being paid each month and the capital kept updated by inflation, which provides the saver with a new alternative, in a scenario in which the traditional rate loses compared to the rest of the prices.
Furthermore, he highlighted that this new instrument beats the movement of the price of the dollar, which fell 1% in March and accumulates a decline of more than 5% throughout 2026.
“Many Argentines save by buying dollars, but that yields zero and there is also inflation in the US.so it’s like putting money in a can and burning a little bit every year,” Sturzenegger concluded.
