News of bonds

Argentina investors got election wish, then got hammered anyway

04-10-2021 10:01 Argentina’s primary election went just the way investors wanted, but since then bonds have taken a nose dive.

Bloomberg

Argentina looks to mutual funds for additional local funding

02-10-2021 08:18 Argentina took a new step on Friday to boost its local financing options in pesos as the midterm elections approach.

MARKETS

Argentina’s bonds sink as president swears in new Cabinet

20-09-2021 15:55 Argentina’s dollar bonds and US-traded equities slid on Monday, with the local benchmark index posting the worst returns among indexes in the Americas.

MARKET REACTION

Argentine bonds, stocks gain after vote signals change ahead

13-09-2021 21:00 Prices for the government’s most traded dollar-denominated bond jumped almost four percent to the highest since January, while the cost to insure its debt against default fell to a three-week low. The Global X MSCI Argentina exchange-traded fund added 2.2 percent.

BLOOMBERG

Bonds rally on opposition gains in primary vote

13-09-2021 11:22 Argentine bonds rose on Monday morning after opposition candidates performed better than expected in the PASO primary elections.

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.

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.

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.

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.

Bloomberg

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.

Bloomberg

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.

BLOOMBERG

Argentina slows peso devaluation in an attempt to curb inflation

01-07-2021 07:55 Policy makers see slower peso depreciation, managed by the Central Bank in a so-called 'crawling peg,' as a key tool to curb rising inflation expectations.

DEBT TALKS

Paris Club says Argentina has committed to IMF deal by next March

23-06-2021 18:50 The government has committed to reaching an agreement with the International Monetary Fund no later than the end of March as part of an understanding with the Paris Club to avoid default.

DEBT TALKS

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.

DEBT TALKS

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.

DEBT TALKS

Argentina to use Paris Club grace period to further debt talks

31-05-2021 11:04 Government to hold off on US$2.4-billion debt payment with Paris Club due Monday and will instead use a 60-day grace period to try to reach an agreement with the group and avert default.

Bloomberg

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.

DEBT TALKS

Paris Club to spare Argentina from US$2.4-billion debt default

14-05-2021 13:58 Group of major creditor nations willing to delay US$2.4-billion debt payment from Argentina due this month if the Fernández administration agrees to certain conditions.

BLOOMBERG – ANALYSIS

Six sovereign defaults in 13 months roil Latin American markets

13-05-2021 10:21 Sovereign bond defaults have piled up at a dizzying clip in Latin America since the coronavirus pandemic began.

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.

Bloomberg

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.

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.

BLOOMBERG

Argentina’s peso mess is delivering windfall profits to brokers

14-04-2021 15:12 In Argentina, financial markets are all but dead. From stocks to bonds to traditional foreign-exchange venues, trading volumes are razor thin. Except, that is, in one unusual corner.

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

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

‘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.

BLOOMBERG

Debt restructuring talks for Buenos Aires Province stall

22-03-2021 16:23 After nearly a year of extending the deadline of its debt restructuring proposal, fresh documents published by Argentina’s largest province show talks remain stuck.

EDITORIAL

Forecasts and forebodings

13-03-2021 09:21 Improved fiscal solvency meets the dream of every orthodox economist but puffing up an already excessive tax burden would make the cure worse than the disease.

BLOOMBERG

Argentina CPI-linked bonds fall on possible change to basket

09-03-2021 13:48 Argentina’s inflation-linked bonds fell Monday as the country’s statistics agency, INDEC, plans to modify the basket it uses to measure inflation.

BLOOMBERG

As IMF talks bog down, Argentine bonds plunge toward 30 cents

08-03-2021 13:51 Six months after Argentina exited default, its new bonds have sunk to a mere 30 cents on the dollar.

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."

YPF DEBT

YPF stuns creditors as nation’s dollars dwindle

23-01-2021 10:15 State energy company’s plan to saddle creditors with losses in a debt exchange leads to frantic unloading of shale driller’s bonds.

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.

Bloomberg

Oaktree, BlackRock are among YPF creditors organising

18-01-2021 17:25 Investment firms including Oaktree Capital Management and BlackRock Inc are organising into two groups to negotiate with YPF SA after the state oil producer proposed a debt swap that would saddle them with losses.

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.

BLOOMBERG

BlackRock's Fink says Argentina won't soon regain investor trust

06-11-2020 08:15 Blackrock Inc. CEO Larry Fink said Argentina has a long way to go before it can regain investor confidence.

BLOOMBERG

As devaluation talk swirls, Argentine traders rush into new bond

02-11-2020 19:18 Amid fears of a steep devaluation, traders in Argentina are falling over themselves to snap up local government notes that are linked to the US dollar.

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.

BLOOMBERG - OPINION

El-Erian: Argentina and Ecuador diverge after bond restructurings

11-10-2020 09:18 A month after finalising historic “zoom” debt restructurings, Argentina and Ecuador find themselves on starkly different paths toward economic and financial improvements.

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

Billionaire-backed Argentine fintech Ualá launches in Mexico

29-09-2020 15:30 Ualá, the mobile payments startup backed by heavyweight billionaire investors George Soros and Steve Cohen, expands beyond Argentina into Mexico.

News of bonds

Argentina investors got election wish, then got hammered anyway

Argentina looks to mutual funds for additional local funding

Argentina’s bonds sink as president swears in new Cabinet

Argentine bonds, stocks gain after vote signals change ahead

Bonds rally on opposition gains in primary vote

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

In oddball Argentina, provinces seen as safer than sovereign

Debt rollover flops as investors eye midterms

Argentina makes US$334-million interest payment to IMF

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

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

Argentina slows peso devaluation in an attempt to curb inflation

Paris Club says Argentina has committed to IMF deal by next March

Guzmán confirms Argentina has reached deal with Paris Club

Argentina plans partial payment to Paris Club, averting default

Argentina to use Paris Club grace period to further debt talks

Provinces prep inflation-linked bonds forbidden by law

Paris Club to spare Argentina from US$2.4-billion debt default

Six sovereign defaults in 13 months roil Latin American markets

Alejandro Werner, IMF director for Americas, to retire

Argentina seeks Paris Club deal amid IMF talks, Guzmán says

IMF official says timing of new debt deal depends on Argentina

Argentina’s peso mess is delivering windfall profits to brokers

Guzmán: IMF credit line deal will not be finalised before May

President Fernández calls to extend IMF payment period

‘Close dialogue’ with Argentina continues, says IMF chief Georgieva

Debt restructuring talks for Buenos Aires Province stall

Forecasts and forebodings

Argentina CPI-linked bonds fall on possible change to basket

As IMF talks bog down, Argentine bonds plunge toward 30 cents

Government considers using new IMF reserves for loan payment

IMF: Argentine team expected to hold loan talks in mid-March

IMF official: Argentina deal by May is an ambitious timeline

YPF stuns creditors as nation’s dollars dwindle

President Fernández holds talks with IMF chief Georgieva

Oaktree, BlackRock are among YPF creditors organising

Guzmán expects new program with IMF in March or April 2021

Government officials to meet IMF in Washington in 'coming days'

IMF and Argentina making 'good progress' on new financing plan

Peronist senators amp up rhetoric with scathing letter to IMF chief

Argentina will ask IMF for Extended Fund Facility programme, says Guzmán

IMF to launch talks with Argentina over new loan next week

BlackRock's Fink says Argentina won't soon regain investor trust

As devaluation talk swirls, Argentine traders rush into new bond

IMF: Argentina needs 'credible' plan to overcome crisis

El-Erian: Argentina and Ecuador diverge after bond restructurings

Cafiero confirms government wants to postpone IMF debt repayments

IMF vows not to put 'pressure' on Argentina over loan

IMF team arrives in Argentina with Fernández seeking deal ASAP

Billionaire-backed Argentine fintech Ualá launches in Mexico

Venezuela ex-intel chief claims Hugo Chávez sent Kirchners US$21 million

Nearly 200 IMF staffers urge Georgieva to explain softening of Brazil climate language

Argentina to begin applying third dose of Covid vaccine to elderly

UBA awards Emmanuel Macron a doctorate for work on environment

Biden's nominee for US envoy criticises Argentina’s policy on Venezuela and Cuba

La reacción de Fernando Iglesias cuando le rechazaron el pedido de juicio político a Aníbal Fernández

Elecciones 2021 | Según una encuesta Santilli supera en cinco puntos a Tolosa Paz

La ácida respuesta de Feletti a Larreta evocando a Cristina Kirchner: "Vos sabés que sí"

Victoria Tolosa Paz se defendió por su video comprando en un shopping: “No tengo por qué someterme al escarnio público”

Rosenkrantz avisó a la Corte Suprema que no se excusará en causas de sus ex clientes