We use cookies to improve your experience. By using BondbloX, you agree to our use of cookies.

– Amruth S
Argentina is set to honor a $4.3bn dollar bond payment on Thursday, without tapping global debt markets. The Treasury is said to have already accumulated $4bn in deposits for this week’s payment and raised another $4bn via local USD-denominated bonds (bonar bond) yielding 6.9%. Their cconomy minister Luis Caputo recently spoke about a financial roadmap that excludes international bond issuances, noting that global borrowing costs remain too high. The government is instead relying on lower-cost alternatives. Besides, Argentina formalized $3.2bn in loans from major commercial banks, backed by guarantees from the World Bank and the IADB. Argentina faces $25bn in dollar debt obligations in 2027, an election year.
Argentina’s dollar bonds traded stable. Its 3.5% 2041s were at 75.5, yielding 7.2%.
For more details, click here


