Argentina Treasury

Blue Dollar Updates

Argentina Faces US$2.4 Billion Shortfall for January Bond Payments

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With only five trading days remaining before the significant January 9 deadline, Argentina’s Treasury possesses merely US$1.9 billion of the US$4.3 billion it is obligated to pay, despite recent initiatives aimed at enhancing the country’s dollar reserves. Economy Minister Luis Caputo retains several avenues as he endeavors to consolidate the remaining resources. The options under … Read more

Blue Dollar Note

Argentina reenters dollar debt market with US$1 billion at 9.26%

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After nearly eight years absent from foreign-currency financing markets, Argentina’s Treasury disclosed the outcome of its auction: it successfully issued US$1 billion of a new four-year bond, featuring a 6.5% coupon, in accordance with Argentine law. Over 2,500 investors submitted bids exceeding US$1.4 billion. The yield at the cut-off price was established at an annual … Read more