US EditionArgentina announces first peso-denominated debt sale in nearly a decade
- On May 28, 2025, Argentina announced its first peso-denominated debt sale in nearly a decade in Buenos Aires, targeting international investors to raise up to $1 billion.
- This bond sale follows Argentina’s new financial strategy under President Javier Milei and Economy Minister Luis Caputo, aiming to comply with IMF commitments by boosting foreign reserves before a June 13 target.
- The five-year bond matures in 2030, carries a fixed interest rate, is issued under local law, and includes a two-year put option allowing investor exit before the 2027 presidential election.
- Managing director Joaquín Bagues noted that the bond issuance paves the way for the Central Bank to build up its foreign reserves through upcoming transactions, emphasizing its significance in addressing elevated inflation.
- The issuance signals Argentina’s return to international markets to refinance debt in local currency but also reflects ongoing challenges like triple-digit inflation, exchange restrictions, and a reliance on continued fiscal and monetary restraint.
17 Articles
17 Articles
Argentina Sells Peso Bonds Abroad for First Time Since Macri Era
Argentina sold local currency debt to foreign investors, raising roughly $1 billion that will help boost central bank reserves a month after President Javier Milei’s government lifted most currency controls.
Financial Day: Sovereign Bonds Continued with Their Upward Trend Due to the Expectation of the Treasury Tender
The dollar to the public closed to $1,175 in Banco Nación and $1,170 in the blue market. Dollar bonds rose 0.9%, with the expectation of Argentina’s return to the international market. S&P Merval lost 0.5%, in a negative context of Wall Street
Argentina for the First Time in Ten Years Issues a Bond in Pesos
For the first time in ten years Argentina returns to the international markets with the sale of a new pesos bond, which can be signed in dollars, reserved exclusively for foreign investors. The measure has been officially announced by the Ministry of Economy and will be implemented tomorrow during the auction of the local currency previously planned. The goal is to collect up to a billion dollars, which will be used to strengthen the reserves of…
Argentina announces first peso debt sale in nearly a decade
BUENOS AIRES, Argentina — Argentina on Monday unveiled the first sale of peso-denominated debt in nearly a decade in a high-stakes test of international investor confidence under budget-slashing President Javier Milei. The auction Wednesday will be for a maximum $1 billion, the government said, as the South American country seeks to boost foreign reserves to meet International Monetary Fund loan requirements. The “BONTE” will be a fixed-rate tre…
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