DEBT SWAP OFFER Government hails ‘success’ of 4.34-trillion local debt swap 10-03-2023 10:52 Argentina swaps 4.34 trillion pesos ($21.66 billion) in domestic debt, exchanging 64% of maturing notes for new ones due in 2024 and 2025.
increasing debt Debt has grown almost US$3 billion a month for last year 26-08-2022 11:11 Last month, the gross debt in a situation of normal payment rose to US$378.307 billion – around US$17 billion more than at the start of the year and US$35.747 billion more than July last year. In other words, the current fiscal deficit is close to three percent of gross domestic product, far from the targets pledged to the International Monetary Fund (IMF), whose review will begin in a few weeks. To meet them, the Central Bank would have to recover almost US$6 billion of reserves by December.
DEBT SWAP Guzmán surprises markets with last-minute debt bond swap 23-06-2022 00:00 Economy Ministry eases 60% of June debt burden in local swap, drastically reducing pressure on the government; Government makes US$2.7-billion payment to IMF.
BLOOMBERG Government publishes decree on budget changes for 2022 22-02-2022 15:35 Government issues decree on Tuesday authorising more local debt issuance this year.
BLOOMBERG Debt rollover flops as investors eye midterms 04-08-2021 20:47 Investors sent a warning message to Argentina’s Treasury on Tuesday night – don’t expect us to finance the government’s increased spending ahead of November’s midterm elections unless interest rates go up.