BLOOMBERG Bond chaos in Argentina sparks traders’ rush to provincial notes 25-04-2022 15:36 Investors are snapping up securities issued by the provinces of Córdoba, Neuquén, Mendoza and Chubut, turning them into the nation’s top performers this month.
IMF DEBT DEAL Congress greenlights debt deal – ball now in IMF’s court 18-03-2022 21:46 US$45-billion agreement signed into law by president; Deal now needs approval by IMF’s Executive Board.
IMF DEBT TALKS Argentine officials travel to Washington for IMF talks 02-12-2021 16:15 A technical mission team with officials from Argentina's Economy Ministry and Central Bank will travel to Washington on Saturday to meet with representatives from the International Monetary Fund.
INTERVIEW / PERIODISMO PURO Martín Guzmán: ‘We want an agreement with IMF before March’ 12-11-2021 00:01 Economy Minister Martín Guzmán discusses Argentina's talks with the International Monetary Fund at a crucial moment for the ruling Frente de Todos coalition – just days before the midterm elections. by Jorge Fontevecchia
BLOOMBERG 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.
DEBT RESTRUCTURING Buenos Aires Province: Debt swap has 90% support from creditors 26-08-2021 13:37 La Plata says it has reached an agreement with 90% of creditors to restructure more than US$7 billion of foreign debt, paving the way for region to exit default after 16 months.
BLOOMBERG In oddball Argentina, provinces seen as safer than sovereign 23-08-2021 13:10 Over the past three months, overseas bonds issued by provinces have handily outperformed sovereign counterparts, cementing their status as the preferred choice for investors.
IMF debt Argentina makes US$334-million interest payment to IMF 02-08-2021 18:57 Argentina makes US$334-million interest payment to the International Monetary Fund.
International Monetary Fund Alejandro Werner, IMF director for Americas, to retire 28-04-2021 17:37 Alejandro Werner, director of the Western Hemisphere Department of the International Monetary Fund, to retire in August.
IMF debt talks IMF official says timing of new debt deal depends on Argentina 16-04-2021 13:55 IMF Western Hemisphere Director Alejandro Werner says a lot of “advanced work” on a new financing programme for Argentina has been completed. But the timing of a new deal depends on the Alberto Fernández administration, he adds.
Global pandemic Record sovereign defaults in pandemic-hit 2020: S&P 13-04-2021 14:18 Ratings agency S&P there were a record seven defaults on sovereign debt repayments in 2020, the first year of the coronavirus pandemic.
IMF DEBT TALKS Guzmán: IMF credit line deal will not be finalised before May 05-04-2021 10:28 Economy Minister Martín Guzmán says a plan with the International Monetary Fund to repay US$45 billion in debt won’t be finalised by May or June.
IMF DEBT TALKS Fernández: IMF debt is 'unpayable' and terms must be renegotiated 28-03-2021 21:53 President Alberto Fernández said on Sunday that the Argentina's debt with the International Monetary Fund is "unpayable" in its original form.
IMF DEBT TALKS President Fernández calls to extend IMF payment period 28-03-2021 16:03 President Alberto Fernández called on the IMF to extend the repayment period on the nation’s debt facility beyond 10 years – something the Fund doesn't allow.
IMF DEBT TALKS IMF and Argentina find common ground amid CFK's bombshell remarks 26-03-2021 10:02 Argentina and IMF coordinate messaging on principles that could underpin country’s programme, a day after Vice-President Cristina Fernández de Kirchner put the deal in doubt.
IMF DEBT TALKS IMF says 'progress' made after Guzmán visit 25-03-2021 18:09 Mixed messages all round as IMF says it has "made progress" with Economy Minister Martín Guzmán, despite comments from Vice-President Cristina Fernández de Kirchner.
IMF DEBT TALKS ‘Close dialogue’ with Argentina continues, says IMF chief Georgieva 24-03-2021 11:27 IMF managing director shares “good meeting” with Economy Minister Martín Guzmán, says “close dialogue” between parties will continue.
DEBT WOES Buenos Aires Province sued in US for missed debt payments 23-03-2021 18:56 Creditors submit a legal claim against the province of Buenos Aires in the US District Court for the Southern District of New York.
IMF DEBT RESTRUCTURING Government considers using new IMF reserves for loan payment 26-02-2021 16:58 Argentina is considering using new reserves to be issued by the International Monetary Fund to make a payment due to the lender in September, according to a person with direct knowledge.
IMF DEBT TALKS IMF: Argentine team expected to hold loan talks in mid-March 25-02-2021 18:22 Economy Minister Martín Guzmán will visit Washington in mid-March, confirms IMF spokesperson Gerry Rice.
IMF DEBT TALKS IMF official: Argentina deal by May is an ambitious timeline 08-02-2021 22:11 IMF Western Hemisphere Director Alejandro Werner says May target for new financing programme is "clearly ambitious," though not "unviable."
IMF DEBT TALKS President Fernández holds talks with IMF chief Georgieva 22-01-2021 02:25 The government is hoping to renegotiate repayments on a US$44-billion loan granted to the Mauricio Macri administration by the Fund in 2018.
IMF DEBT TALKS Guzmán expects new program with IMF in March or April 2021 10-12-2020 02:11 Economy Minister Martín Guzmán says talks with the IMF will still "take a while," hinting a deal would be likely in March or April next year.
economy Government officials to meet IMF in Washington in 'coming days' 04-12-2020 13:07 Government officials will meet with staff from the International Monetary Fund (IMF) soon to continue talks on a new aid programme, a Fund spokesman said Thursday.
IMF DEBT TALKS IMF and Argentina making 'good progress' on new financing plan 22-11-2020 15:13 IMF mission team ends visit to Buenos Aires, saying that talks over a new financing plan are progressing well, with the two sides beginning to “delineate the contours” of a new deal.
IMF DEBT TALKS Peronist senators amp up rhetoric with scathing letter to IMF chief 16-11-2020 18:05 With government in talks over new financing programme, senators from ruling Frente de Todos coalition fire off letter to IMF chief Kristialina Georgieva demanding organisation “refrain from conditioning economic policy.”
IMF DEBT TALKS Argentina will ask IMF for Extended Fund Facility programme, says Guzmán 09-11-2020 21:55 Government will ask IMF for an Extended Fund Facility (EFF) programme as part of the government's efforts to delay repayments on the US$44 billion it owes, Economy Minister Martin Guzman confirms.
IMF DEBT TALKS IMF to launch talks with Argentina over new loan next week 06-11-2020 18:27 IMF confirms mission team will arrive in Argentina to start talks with the government over a new financing programme next week.
TALKS OVER IMF PROGRAMME IMF: Argentina needs 'credible' plan to overcome crisis 14-10-2020 15:00 Argentina's "top priority ought to be to put in place a credible and comprehensive economic agenda that balances supporting the economy and people," says IMF chief Kristalina Georgieva.
SENATE ADDRESS Cafiero confirms government wants to postpone IMF debt repayments 07-10-2020 17:56 In address to Senate, Cabinet Chief Santiago Cafiero confirms government will ask the International Monetary Fund to postpone scheduled repayments on a US$44-billion loan.
IMF TEAM IN TOWN IMF vows not to put 'pressure' on Argentina over loan 07-10-2020 00:52 Kristalina Georgieva says IMF has "no intention of putting pressure on Argentina at this time," as negotiators from Fund arrive in Buenos Aires for talks.
IMF DEBT TALKS IMF team arrives in Argentina with Fernández seeking deal ASAP 05-10-2020 10:07 President Alberto Fernández says he’s seeking an agreement with Fund “as soon as possible,” in order to "clear up any doubts.”
BLOOMBERG IMF sounds debt warning as it offers rethink on restructurings 01-10-2020 15:17 IMF sounds a warning over rising global debt levels and proposed reforms to the debt-restructuring process for countries that struggle to meet their obligations.
New financing programme IMF says it will send mission team to Argentina in October 24-09-2020 18:50 IMF says a mission team will visit Argentina at the start of next month, as talks over a new financing programme begin in earnest.
Bloomberg Argentina yield curve inverts as forex controls spook investors 23-09-2020 16:36 Less than a month after Argentina’s US$65-billion debt restructuring, bond prices show growing concern the government may struggle to pay its obligations.
IMF DEBT TALKS Guzmán: Argentina wants IMF deal with no payments until 2024 13-09-2020 22:50 Economy minister says Argentina wants to delay all IMF loan repayments until 2024 at the earliest in interview with La Nación.
DEBT RESTRUCTURING Argentina exits default after US$65-billion debt deal 07-09-2020 21:53 Nation officially emerges from its ninth default after Standard & Poor's Global raised its credit rating following the restructuring of US$65 billion of overseas debt.
Bloomberg Argentina won’t seek fresh IMF funding in upcoming talks 27-08-2020 22:48 Argentina's representative to IMF, Sergio Chodos, says country won't seek fresh funding during talks over new financing programme.
IMF DEBT TALKS Government formally opens debt rescheduling talks with IMF 27-08-2020 02:30 Government formally opens talks with IMF over new terms for repayment of record US$57-billion bailout agreed in 2018 by Macri administration.
DEBT DEAL Inside the frenetic days that changed Argentina’s debt talks 08-08-2020 09:15 After many months of tension, talks that dragged on for eight months, half-a-dozen deadline extensions, multiple proposals, and tens of hours of online negotiations, a deal has been reached.
DEBT, DEFAULT. DEAL Goodbye default my old friend 08-08-2020 08:44 The ultimate question is if this agreement will spare Argentina the ordeal of holdout bondholders – Guzmán will have conjured a miracle if there are none to worry about once this deal is done. by Martín Gambarotta
DEBT RESTRUCTURING TALKS Markets rally on hopes debt talks are ‘too close to fail’ 25-07-2020 09:32 Three largest creditor groups join forces in negotiations, rejecting government's "final" offer and submitting their own counter proposal.
PROFILE Guzmán takes on Wall Street 25-07-2020 08:01 Argentina’s Stiglitz-groomed debt chief has taken on a task many would have turned down. And as talks with bondholders enter a crucial stage, the stakes are higher than ever.
UK LAWSUIT Argentina loses bid to throw out US$738-million hedge-fund lawsuit 21-07-2020 22:45 Argentina has lost an attempt to dismiss a UK lawsuit filed by four hedge funds alleging that the country manipulated economic data to avoid making payments for securities linked to its growth.
AS I SEE IT China will soon come a-calling 04-07-2020 09:25 The coronavirus plague has harmed China’s international reputation, but it has also weakened many developing countries to such an extent that they will find it all but impossible to turn down offers of financial help. by James Neilson
DEBT RESTRUCTURING Debt talks with creditors stall amid growing animosity 18-06-2020 01:21 Ad Hoc Bondholder Group, one of several that have been most active in the talks, slammed Argentina for rejecting what it called a “sustainable and sensible solution.”
DEBT RESTRUCTURING IMF backs Argentina's debt offer, saying only 'limited scope' to improve it 01-06-2020 15:21 IMF makes another public push to support the government’s debt restructuring offer, saying there's here’s little room to further increase payments to private creditors.
THE LAST SEVEN DAYS May 23 - May 30: What we learned this week 30-05-2020 09:54 Noticeable stories from the last seven days in Argentina.
DEBT RESTRUCTURING TALKS Argentina aiming to sign new IMF programme in 2020, says Guzmán 28-05-2020 23:30 "It is something that is going to happen in the course of 2020," says Economy Minister Martín Guzmán.
Bloomberg New York lawmakers’ last-minute move may cost Argentina dearly 27-05-2020 15:29 Investors could sue the country for full repayment if debt restructuring discussions turn sour, and that’s when an expensive quirk of New York state law could become a big problem.