Blue Dollar Updates

World Bank Guarantees Argentina $2 Billion Loan

In an effort to help Argentina’s struggling economy get access to global capital markets, the World Bank announced on Tuesday that it was providing guarantees to grant the country access to up to US$2 billion in commercial loans. Argentina, burdened by debt, faces private debt obligations exceeding US$4 billion that are set to mature in … Read more

Blue Dollar News

Buenos Aires City’s debt rating upgraded to ‘AAA’

Credit rating agency Moody’s has elevated Buenos Aires City’s debt rating to “AAA,” marking it as the sole Argentine region to achieve this highest classification by the agency. According to the report published on Tuesday, the upgrade was based on the city’s fiscal and financial performance, as well as improvements in its maturity profile. City … Read more

US job data hinders Argentina’s global debt market comeback

President Javier Milei’s administration was on the verge of achieving Argentina’s lowest country-risk rating since assuming power — a crucial step for accessing international debt markets — but recent data from the U.S. seems to have derailed those ambitions once more. On Friday, the Bureau of Labour Statistics unveiled its latest monthly count of new … Read more

Blue Dollar Updates

Argentine Provinces Access Global Markets Shunned by Sovereign

Argentine provinces are accessing global bond markets at the quickest rate in almost ten years, while the federal government remains focused on short-term debt in the domestic market due to investor concerns regarding the upcoming 2027 elections. Chubut, Cordoba, and other provinces, together with Buenos Aires City, have collectively issued bonds amounting to US$2.3 billion … Read more

Blue Dollar News

Market volatility risks one of Milei’s main objectives

Global financial volatility — particularly the fluctuations in the U.S. Treasury market, a key indicator of the global economy — poses a significant threat to one of the Argentine government’s primary objectives: re-entering international debt markets. “The current level of long-term U.S. bond yields is significant as it signifies a transition in the global cost … Read more

Blue Dollar Updates

Argentina’s Upgrade: A Brief Opportunity for Debt Sale

Argentina’s recent credit upgrade is stimulating speculation that the nation may have another opportunity to access international markets following a missed chance in early 2026. According to investors, Fitch Rating’s decision to elevate the country’s credit score to ‘B-‘ may drive spreads back toward the multi-year lows observed in January. President Javier Milei may find … Read more

President Javier Milei

Investors Worry About Life After Milei in Argentina

There is increasing apprehension in the bond market regarding the potential fatigue of Argentines with President Javier Milei and his ambitious economic reform initiatives. Only six months following the unexpected triumph of Milei’s party in the midterm elections, concerns regarding his future have resurfaced, as recent polls indicate that his approval rating has reached its … Read more

Blue Dollar News

World Bank Protects Argentina’s Debt with $2 Billion

The World Bank has announced a US$2-billion guarantee for Argentina, which will enable the country to refinance its debt at a reduced cost, according to a statement released on Thursday. The administration of President Javier Milei faces the obligation of servicing private debt amounting to approximately US$4.3 billion in July. The guarantee, which remains subject … Read more

Blue Dollar Updates

Argentina missed early bond sales

Argentina’s government has set ambitious goals to reduce country risk, yet these aspirations appear misaligned with the current reality, potentially leading to a missed opportunity for re-entering debt markets, according to investors. Javier Milei’s administration opted against issuing in January, considering it prohibitively expensive despite sovereign spreads reaching eight-year lows and growing anticipation. Currently, momentum … Read more

Argentina Stock Market

Argentina’s Bond Rally Hindered by Junk Status and War Impact

As President Javier Milei engages with investors in New York to generate interest in Argentina’s resurgence, the progress surrounding the country’s bonds has significantly slowed. Despite the achievements – his administration has managed inflation, is restoring Central Bank reserves, and easing currency controls; it has also sanctioned a long-anticipated labor reform – Argentina’s bond spreads … Read more