News of debt

Argentina uses SDR boost to make debt payment to IMF

23-09-2021 17:28 Reaching an agreement with the Fund to reschedule next payments will be crucial in order to avoid US$19 billion in maturities next year.

Argentina made US$1.9-billion IMF payment amid election fallout

22-09-2021 14:26 Argentina transferred the International Monetary Fund US$1.88 billion Wednesday, complying with the first principal payment of record bailout.

Buenos Aires Province scares creditors into accepting bond restructuring

31-08-2021 15:41 La Plata announced Monday that it had managed to restructure almost all its US$7.1 billion of defaulted debt, swapping it for new securities valued at just over 50 cents on the dollar. But some creditors say in practical terms they had no other choice than to accept the deal.

Buenos Aires Province to restructure 98% of bonds in debt deal

30-08-2021 16:04 Deal caps Argentina’s most recent round of debt restructurings, after nearly every province reached deals with bondholders over the past 12 months and the national government restructured its own US$65 billion in securities a year ago.

Argentina’s pension fund piles on company bonds as locals baulk

26-07-2021 09:56 ANSES buys long-term corporate debt with eye on infrastructure; Public fund must invest US$2 billion by end of 2023.

Creditors now split over Buenos Aires Province's restructuring offer

22-07-2021 15:54 Buenos Aires Province's creditors are now divided over a US$7.1-billion debt restructuring proposal, signalling that Argentina’s largest province still has work to do to emerge from default.

Yields topping 14% lure investors to world’s best utility bond

14-07-2021 10:14 The world’s best performing utility bonds come from an unlikely corner of emerging markets – Argentina.

Guzmán and IMF hold ‘productive’ talks over financing programme

13-07-2021 13:51 Officials from Argentina’s government and the International Monetary Fund hold “productive” talks over a new financing programme on the sidelines of G20 summit in Venice.

Guzmán confirms Argentina has reached deal with Paris Club

22-06-2021 18:04 Economy Minister Martín Guzmán confirms Argentina had reached an agreement with the Paris Club of creditor countries to avoid defaulting on a loan repayment in July.

Argentina plans partial payment to Paris Club, averting default

22-06-2021 16:26 Government will make a partial payment to Paris Club group of creditors to avert default.

Spanish PM offers 'absolute and total' support for Argentina's debt talks

09-06-2021 19:54 Spanish Prime Minister Pedro Sánchez offers “absolute and total” support to the Argentine government’s bid to renegotiate debt with IMF and Paris Club during one-day visit to Buenos Aires.

Buenos Aires Province creditors to review latest debt proposal

02-06-2021 16:32 Provincial government sends revised debt restructuring proposal to major creditors.

Provinces prep inflation-linked bonds forbidden by law

21-05-2021 11:57 Provincial governments, desperate for financing and excluded from international debt markets after defaulting on payments of US$13 billion, are looking for new ways to raise funds in the local bond market.

Alberto’s modest proposal

15-05-2021 15:38 Argentina’s economic strategy has long been based on Micawber’s belief that no matter what happens something will turn up to put things right.

by James Neilson

Fernández urges IMF to suspend surcharges on US$45-billion loan

12-05-2021 15:28 President Alberto Fernández urges IMF to suspend surcharges applied by the multilateral lender to countries that use its credit lines extensively.

President gains Spain’s support for financial negotiations

11-05-2021 14:26 President Alberto Fernández met with Spanish Prime Minister Pedro Sánchez this Tuesday and gained his support in Argentina’s negotiations with the International Monetary Fund (IMF) and the Paris Club, as well as the release of Covid-19 vaccine patents.

Argentina seeks Paris Club deal amid IMF talks, Guzmán says

18-04-2021 22:18 Argentina is pressing the Paris Club to renegotiate debt as separate talks to strike a deal with the International Monetary Fund drag on, says Economy Minister Martín Guzmán.

What we learned this week: April 10 to 17

17-04-2021 09:21 The pick of the stories that caught our eye over the last seven days in Argentina.

Government to be plaintiff in IMF debt probe against ex-president Macri

11-04-2021 07:58 The State will act as a plaintiff in a case investigating whether former president Mauricio Macri (2015-2019) broke the law in securing a record US$57-billion loan from the International Monetary Fund (IMF) back in 2018.

What we learned this week: April 3rd- April 10th

10-04-2021 09:22 The stories that caught our eye over the last seven days in Argentina.