by Amruth Sundarkumar | Sep 24, 2021 | Sovereigns
Argentina is raising money through currency conversions, bond sales, debt paydowns and new borrowings in a move to cover fiscal expenses following the IMF’s decision to grant the country $4.3bn of special drawing rights (SDRs). The moves by President Alberto...
by Amruth Sundarkumar | Sep 21, 2021 | Sovereign Bonds
Argentinian off-shore bonds slid on Monday as President Alberto Fernandez swore in new cabinet ministers to tide over the political impasse as an aftermath of the poor performance in the primary elections held on September 12. Argentina’s main opposition party had won...
by Amruth Sundarkumar | Sep 14, 2021 | Sovereign Bonds
Argentina’s bonds rose after the Juntos opposition party, favored by investors, won key races in the congressional primaries, suggesting how voters might cast ballots in the November midterm elections. The opposition was ahead with 38% of votes, with 97% counted,...
by Amruth Sundarkumar | Jul 13, 2021 | Sovereign Bonds
Argentina is in talks with the IMF in Venice to discuss the $45bn debt it owes to the Fund, however, a breakthrough to revamp the debt is not expected. Officials including Economy Minister Martin Guzman took part in the meeting of the G20 finance ministers and...
by Amruth Sundarkumar | Jun 23, 2021 | Sovereigns
Argentina reached a deal with the Paris Club of 22 countries, after extending its deadline to accept a restructuring offer, postponing a $2.4bn payment to the end of July, avoiding another default. The agreement must be finalized by the end of March with the Club that...
