News of bonds

Argentina rejected by UK Supreme Court in US$1.5-billion bond case

15-10-2024 13:34 Negative ruling for Argentina over appeal; Nation may be forced to pay US$1.5 billion in damages to holders of the country’s growth-linked bonds. 

Milei gets vote of confidence in wave of Argentine debt sales

15-10-2024 11:22 Argentina’s largest companies are rushing to issue dollar debt, a tentative sign that Javier Milei’s shock therapy is starting to restore investor confidence.

Goldman, Stone Harbor wind back Argentina bets after bond rally

08-05-2024 11:49 Investors who rode an eye-popping rally in Argentina’s sovereign debt this year are starting to pull back.

City officials to meet investors as Buenos Aires weighs global bond sale

02-05-2024 16:40 Officials from Buenos Aires City government will meet with global investors next week as it explores selling overseas dollar bonds for the first time in eight years.

Latin America’s quasi-sovereign companies attract bond investors

19-02-2024 14:09 State-owned companies across Latin America face falling output, cash woes and expensive investment plans. Yet bondholders can’t get enough.

Argentina bonds gain as Milei’s rework passes crucial tests

13-01-2024 08:58 Javier Milei capped his first month as president by winning approval from markets, providing a lift for his broader plans to overhaul Argentina’s economy.  

Argentina bonds rise to two-year high after Milei debuts shock plan

13-12-2023 11:30 Bonds climb to the highest in two years after President Milei’s government unveils first batch of shock-therapy economic measures.

Wall Street welcomes Milei victory but warns of challenges ahead

20-11-2023 14:29 Analysts and investors welcome the prospect of radical change in Argentina but warn about deep challenges facing Javier Milei.

Here are the assets to watch ahead of Argentina’s presidential election

20-10-2023 07:41 Investors in Argentine assets are bracing for losses ahead of Sunday’s presidential election, with uncertainty high as voters grapple with triple-digit inflation and economic gloom. Here are key assets to watch ahead of the vote.

Argentines’ love of dollars creates a windfall for local brokers

02-10-2023 16:53 Argentina’s economic disaster has sent inflation soaring and pushed poverty levels toward a 15-year high. But for local brokerages, the chaos has fuelled a boom unlike anything industry veterans can remember.

Peso drops to all-time low on parallel markets as Massa lays out IMF deal

24-07-2023 19:18 Strong volatility on the markets – while bonds in foreign currency appreciated after the pre-agreement with the IMF and the announcement of foreign exchange measures, the informal currency jumped to a new record. What analysts say.

by Lorena Rodríguez

Investors say Massa optimism offers brief respite

27-06-2023 08:53 Argentine bonds among biggest gainers in emerging markets after the ruling Peronist bloc coalesced around Economy Minister Sergio Massa.

Paraguay presidential hopeful has a plan to win investment-grade status

29-04-2023 06:17 Recent polls show a tight race between Efraín Alegre, a career politician leading a coalition of conservatives and leftists, and the ruling Colorado Party’s candidate, Santiago Peña.

Argentina loses US$1.5-billion UK case over GDP-linked bonds

05-04-2023 10:47 Argentina must compensate investors for losses in the country’s growth-linked securities after the nation changed the method of calculating gross domestic product, a London court ruled.

Argentina sells US$2 billion in peso debt after ordering bond swap

22-03-2023 21:56 Argentina sells close to 417 billion pesos (US$2 billion) in peso-denominated notes and bonds via auction, latest step in managing a massive local debt pile as the government seeks to extend maturities until after October elections.

Government obliges state bodies to convert dollar bonds into pesos

22-03-2023 17:00 State entities are to sell their dollar bonds on the market in return for peso debt bonds issued by the Treasury with the aim of taming surges in the CCL and MEP parallel but legal exchange rates.

Government swaps US$21.7 billion of debt, easing default fear

09-03-2023 23:11 Argentina exchanges 4.34 trillion pesos (US$21.7 billion) in a local debt swap, alleviating immediate concerns of a potential local debt default.

Argentina looks to buy time on US$37 billion of maturing debt

09-03-2023 13:27 Argentina is expert at buying itself time to pay off debt that’s coming due, and on Thursday it plans to use its hard-earned skills to delay bond repayments of an estimated US $37 billion until after a presidential election. 

Argentina is buckling under strain of US$174-billion debt mountain

10-02-2023 14:36 Cut off from global credit markets, Argentina’s government is selling ever more local currency bonds, amassing a debt load that already totals 33 trillion pesos and is rising almost exponentially.

What’s a default? Argentina’s debt buyback splits S&P, Moody’s

27-01-2023 14:35 The world’s most-watched credit assessors are split after Moody’s Investors Service classified Argentina's plan to repurchase its debt in the open market as a distressed exchange.