News of debt

‘Not much to celebrate’ despite fall in poverty, says expert

01-04-2025 13:13 Leading poverty expert Agustín Salvia, of UCA’s prestigious social debt observatory, digs into the figures after INDEC reports dramatic fall in numbers of poor.

How many dollars does Luis Caputo need to reach the midterms?

27-03-2025 00:39 The market is spotlighting fresh funds. The blend could be a bargaining-chip for exchange rate intervention. Central Bank reserves back to levels of late 2023.

by Eugenia Muzio

Telefónica becomes victim of Chile’s mobile phone curse

17-03-2025 16:32 Telefónica’s bonds tumble and investors question its commitment to Chile as it sells assets in Argentina and Colombia.

Adorni says Argentina aiming for new IMF loan deal by end April

05-03-2025 23:43 New deal with IMF "should be completed in the first four months of the year," Presidential Spokesperson Manuel Adorni tells reporters.

Caputo already has the dollars he need to meet this year’s debt deadlines

03-01-2025 13:32 Argentina’s Treasury took advantage of the fiscal surplus to buy the necessary hard currency.

Burford open to Argentine bonds for US$16-billion judgement

08-11-2024 19:36 Burford Capital, which won a US$16-billion judgement against Argentina over its nationalisation of energy firm YPF SA more than a decade ago are open to receiving payment in bonds instead of cash.

Central Bank working to enable dollar debt cards

14-10-2024 11:13 Argentina’s Central Bank is working with banks and credit card companies to enable debt cards denominated in dollars.

Banco de la Nación wants to sell debt after a 30-year hiatus

09-10-2024 12:11 Daniel Tillard, the new head of Argentina’s largest bank, wants state-run Banco de la Nación to re-enter international capital markets for the first time in three decades.

55% of Argentina’s population below poverty line, says UCA body

05-09-2024 08:53 Extreme poverty affected 17.5% of people in first half of 2024, reports private observatory from the Catholic University of Argentina (UCA).

Debt default case: US appeals court delivers new legal setback

22-08-2024 00:43 A United States appeals court on Wednesday upheld a judicial ruling authorising an embargo on US Treasury bonds used by Argentina to guarantee the issuing of debt.

Power producers seek better terms for US$2-billion Argentina debt

08-05-2024 15:46 Privately-run power producers Pampa Energía SA and Central Puerto SA will reject the government's current offer to settle a US$2-billion debt.

Burford seeks Argentina’s YPF stake to pay US$16-billion award

22-04-2024 20:29 Burford Capital asks US judge to grant it controlling 51% stake in YPF as part of its effort to collect on a US$16-billion court judegment.

Argentina downgraded to selective default by S&P on debt swap

13-03-2024 23:08 Standard & Poor's downgrades Argentina's peso-denominated debt to "selective default," following announcement of US$55.3-billion debt swap.

Argentina hinders debt swap by not offering puts on peso bonds

12-03-2024 12:23 Central Bank isn’t offering put options for peso bonds the government is selling this week in a record debt swap.

Argentina’s US$18-billion Chinese FX line eyed for US YPF judgement

29-02-2024 00:15 Burford Capital, trying to collect on a US$16-billion US court judgement against Argentina, is exploring whether a currency swap line with China could be used to satisfy the debt.

Venezuela calls in oil debt it once traded away for literal beans

26-02-2024 10:56 Impoverished and desperate for cash, Venezuela is trying to collect old debts from the Petrocaribe oil exchange programme.

Next hurdle for El Salvador's Bukele: the economy

05-02-2024 11:35 With high public debt, nearly a third of the population living in poverty and fast-rising consumer prices, Salvadorans are increasingly starting to think of what comes next.

Milei wins IMF approval for US$4.7-billion Argentina disbursement

31-01-2024 20:29 International Monetary Fund signs off on US$4.7-billion loan disbursement to Argentina.

Argentina’s US$16.1-billion YPF judgement is now open to collection

11-01-2024 16:12 US judge rules against Argentina's bid to push back collection efforts for US$16.1-billion court judgement related to its 2012 takeover of oil company YPF SA.

IMF staff show support for Milei’s 'ambitious stabilisation plan'

10-01-2024 22:04 Staff-level agreement paves the way for a new disbursement of US$4.7 billion in funds from Argentina’s "fallen" programme, says Economy Minister Luis Caputo.