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Operational Refinancing: Luis Caputo Goes Out to Look for $1.2 Billion to Pay Off Debt without Touching Reserves
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The Ministry of Economy will activate a financial mechanism this Wednesday that seeks to become the new norm of libertarian management: the "rollover" of the external debt. The tender of a new bond in dollars (BONAR 2029) has a precise mathematical objective: to capture 1.2 billion dollars from the local market. That figure is not capricious....
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