The Finance Secretariat placed US$1 billion of the new Bonar 2029 in dollars at an annual rate of 9.26%
Markets
Argentina returns to dollar debt market, issuing US$1 billion at 9.26%
The goal is to bring in funds to face a US$4.2 billion payment for debt maturing in January
Markets have a ‘heightened sensitivity to headlines’ about the U.S. bailout, one analyst said
New limits on dollar purchases follow U.S. support, as the government aims to curb exploitative currency operations and bolster reserves ahead of 2026 debt maturities
Milei’s post-election economic challenges: what Argentina’s markets are expecting
Exchange rate tension, inflation, and international reserves are on investors’ minds after La Libertad Avanza took a drubbing at the ballot boxes over the weekend
Luis Caputo restricts subscription of short-term Lecaps due to maturities of AR$15 trillion
The Finance Ministry announced a tender for August 13, with bids from Lecaps, Boncap, Dólar Linked, and Boncer
Paraguay banking in flux: Mergers, lower margins, and the challenge of optimization
With individual operations yielding less profits, the financial sector is faced with the need to raise its volume
Following an emergency tender that validated higher rates than expected, the price of the US currency is once again rising across the board
The Milei administration celebrates as prices steadied by an increase of 0.1% since May’s 1.5% inflation figures