On Wednesday, Argentina’s country risk index experienced a significant decline, decreasing by over 50 points, coinciding with a global economic recovery spurred by the recent truce between the United States and Iran. The indicator currently registers at 551 basis points, a decrease from 610 points observed on Tuesday. Sovereign U.S. dollar bonds are experiencing notable … Read more
Argentina sold US$150 million of a dollar-denominated bond on Friday to measure investor interest in financing the government beyond President Javier Milei’s first term. According to the Economy Ministry, the October 2028 local-law bond yielded 8.9%. The bond has a maximum approved size of US$2 billion but will be issued weekly in tranches of up … Read more
Argentina’s country risk, as measured by JP Morgan, decreased to 517 basis points on Monday — the lowest level observed since June 2018. The indicator assesses the likelihood of a nation experiencing a sovereign default. A low score, consequently, is essential for reestablishing access to the international debt market. Upon Javier Milei’s assumption of office … Read more