No Magic without Credibility for Argentine Bonds
The debt restructuring has become a reality. Argentina will have almost no financial pressure for the next 5 years, well into the following administration. The deal with the IMF is still pending, but nobody really believes Argentina plans on defaulting to the Fund, at most reaching the new arrangement will take time and effort. Could it be the anchor to regain the badly needed confidence?
Debt maturities free, Argentina is still struggling to generate credibility. Its bonds are currently trading at yields above 12%. Credit agencies such as S&a
- September 16, 2020
- 13:27
Weekly
ARGENTINA: The Week at a Glance
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ARGENTINA: The Week at a Glance
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