Why is Argentina auctioning its debt?

In a move that signifies a paradigm shift in its economic strategy, Argentina has embarked on a massive auction of its treasury debt, totaling approximately 2.96 trillion pesos ($3.7 billion). This action is part of the government’s broader initiative to untangle a complex web of short-term central bank arrears, predominantly held by local creditors. The […] source: https://www.cryptopolitan.com/why-is-argentina-auctioning-its-debt/