A significant indicator of Argentina’s sovereign risk has decreased to its lowest point in seven years, as the policy adjustments implemented by President Javier Milei’s administration have positioned the country nearer to re-entering international debt markets. The additional yield that investors require to hold Argentina’s sovereign debt compared to US Treasuries of equivalent maturity decreased … Read more
Argentine markets reacted positively to the legislative approval of the 2026 budget on Friday, despite a moderate effect on asset prices. Analysts indicate that markets had anticipated the passage of the bill and are now focused on the administration’s approach to implementing structural reforms. “The approval of the budget holds significant importance; however, it was … Read more
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