* Argentina’s economy ministry has placed bonds on the domestic market totalling Ar$1.76trn (US$4.94bn). The bond placement included six peso-denominated bonds, maturing between February 2024 and August 2025. It also included two bonds linked to the US dollar, maturing in April 2024 and March 2025, as well as two dual currency bonds maturing in June 2024 and January 2025. On social media, Argentina’s finance secretary, Eduardo Setti, said that the bond placement had allowed the treasury to refinance maturities for Ar$1.52trn and obtain additional net financing of Ar$233.5bn. Setti added that the reordering of maturities of peso debt and sovereign financing on the local market had been “one of the major difficulties faced by the national government during the last year”.
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LatinNews Daily - 22 November 2023
In brief: Argentina places bonds on domestic market
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