dollar

Javier Milei

Argentina to Issue Dollar Bonds as Milei Gains Traction

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Argentina has declared its desire to issue a local law bond denominated in dollars, taking advantage of the momentum that has been created in the wake of President Javier Milei’s resounding victory in the congressional midterm elections that were held in October. The Ministry of Economy has said that the Bonar bond is scheduled to … Read more

Blue Dollar Updates

US Banks Cancel $20 Billion Argentina Rescue

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U.S. banks JPMorgan Chase, Bank of America, and Citigroup have decided to cancel a proposed loan of US$20 billion to Argentina. Instead, bankers are deliberating on a new, short-term credit facility that is one-quarter the size. Minister Luis Caputo refuted any claims of having discussed a bailout with banks, asserting that the reports are intended … Read more