News of foreign bonds

Frantic push to solve sovereign debt crises irks Wall Street

28-05-2023 10:14 A shakeup is brewing in the US$1.6 trillion universe of emerging-market sovereign debt — whether Wall Street likes it or not.

PARAGUAY ELECTIONS

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.

DEBT INTERVENTION

Argentina’s US$1-billion bond buyback is baffling investors

19-01-2023 14:25 While repurchasing the bonds at a fraction of their face value could ultimately save the country hundreds of millions of dollars in interest and principal payments, investors point out that the government doesn’t have very much room in Central Bank coffers to fund such a lavish buyback.

MARKETS

Bonds jump as government stuns market with billion buyback

19-01-2023 02:53 Economy Ministry is using dollars held by the Treasury to fund the buyback, including money it expects to save from energy imports it presumes it won’t need in 2023, according to sources.

BLOOMBERG - OPINION

Argentina’s bond buyback seems to make little sense

19-01-2023 02:45 It is generally thought that it is better to buy back bonds when they are cheap than when they have just posted a sharp rise, but perhaps Massa knows something we don't.