Prosecutor Ramiro González today asked judge María Eugenia Capuchetti to order the lifting of sovereign bond purchasers’ stock market secrecy, amid the investigation of possible leaks of information regarding the debt buyback announced last week. The measure will reach individuals and stock brokers who bought bonds that are …
The Central Bank raised the one-day repo rate for mutual funds on Monday, in another attempt to contain the escalation of the parallel exchange rates. According to the Central Bank B12465 resolution, the repo rates for mutual funds will now be 95% of the repo rates for banks, …
The Economy Ministry refinanced its maturities for the first three months of 2023 from AR$4.3 trillion to AR$1.41 trillion in what it considered a “successful” debt swap. The swap, which was offered on December 29 and due Tuesday, had an adherence of 67.2%. The Finance Department highlighted the …
Last Thursday, the Economy Ministry announced a debt swap, or “conversion”, due today, with the goal of postponing bonds maturing in the first quarter of 2023. The initial offer, made for holders of eight bonds, consisted of two different “bond batches”: one made up of LEDES with maturities …
Argentine stocks managed to consolidate their recovery and produce all-time profits in 2022. The S&P Merval index accumulated an increase of 42% in dollars through the year. This happened despite the prevailing volatility on Wall Street, as global equity assets were affected by the US Federal Reserve’s harder …
The Argentine Football Association (AFA)’s official crypto token, codenamed $ARG, plummeted 55% immediately after the team won the World Cup by defeating France, having begun the day of the final at US$ 6.02 and at $2.66 at the time of writing. Days earlier, $ARG had jumped over 70% …
