News of notes

Banks need more vault space to store piles of pesos

19-01-2023 03:02 Peso bills are depreciating so quickly that banks are running out of space to store bank notes.

Investors dodge Argentina bond pain by buying up YPF, provinces

27-09-2022 13:18 Quasi-sovereigns posting best returns in emerging markets; Meanwhile, Argentina’s sovereign bonds slumped more than 35%.

BLOOMBERG

Government may offer put option on local bonds to entice buyers

12-07-2022 10:03 Central Bank in talks with private lenders about adding a put option to local bonds, according to sources.

BLOOMBERG

Argentina eases 60% of June debt burden in local swap

22-06-2022 23:12 Economy Ministry exchanges 358 billion pesos (US$2.9 billion) in local securities due at the end of the month for new notes maturing later this year; Move reduces pressure on government to reach key rollover tender next week.

Banknotes

Pesos get political with new bills featuring ‘national heroes and heroines’

25-05-2022 15:27 President Alberto Fernández’s government moves to replace endangered wildlife designs introduced by Mauricio Macri administration with historical icons; Three women among those to feature on new banknotes, including Juana Azurduy and Maria Remedios del Valle.

BLOOMBERG

Dollar bonds yielding 0% are minting money for Argentine banks

13-05-2022 16:14 Banks have latched on to a lucrative trade that produces all-but-guaranteed profits while also allowing local corporations to sell dollar bonds paying coupons as low as zero percent.

BLOOMBERG

Argentina to offer new liquidity Treasury notes called Lelites

07-10-2021 21:41 Economy Ministry announces it will offer new Treasury liquidity bills called Lelites.

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.

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.

Bloomberg

Argentina’s Central Bank move raises concern of higher inflation

28-05-2021 16:22 A measure allowing Argentina’s commercial banks to move part of their reserve requirements from Central Bank notes to treasury bonds is raising concerns about inflation and the financial system’s health.