The Government Announced that It Will Return to the International Debt Market: Look for USD 1 Billion with a Bonus in Pesos

The Ministry of the Economy will issue a fixed rate currency title that can only be subscribed with US currency and that is aimed at international investors. The result will count for the reserve goal with the IMF

The economic team faces maturities of just over $8 trillion in the second call of the month. A 100% rollover is not expected. Argentina is once again issuing debt to non-resident investors after several years. Specifically, Economy Minister Luis Caputo will offer a peso-denominated bond in dollars in next Wednesday's auction, targeted at foreign investors, seeking to raise up to $1 billion. With this, the Ministry of Finance will seek to strengt…

The government is desperately trying to show that it is recovering access to debt markets, despite having a country risk of more than 650 countries.

Caputo will seek to supply the foreign exchange by taking new debt, a Treasury bond of up to $1 billion. The title, aimed at foreign investors, will be subscribed directly in dollars and will be paid in pesos. With the country risk close to 700 points, the Minister celebrated it as the “back to the markets” while from Wall Street they lowered the price.

The Secretary of Finance, Pablo Quirno, announced that from this Wednesday a bond in pesos will be offered to foreign investors. "It does not imply an increase in the gross debt, nor does it imply a net one," explained Minister Caputo.

The national government will go out on Wednesday to the voluntary international debt market with a US$1 billion Treasury Bonus that will be subscribed in dollars and paid in pesos, with expiration in 2030. The operation will mark the confidence of foreign investors in the government program of President Javier Milei and will serve as...