Argentina Rolls Over 96 Percent of Maturing Debt as Country Risk Eases to 509
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5 Articles
Argentina Rolls Over 96 Percent of Maturing Debt as Country Risk Eases to 509
ARGENTINA · MARKETS Key Facts —What happened: Argentina’s Treasury renewed 96 percent of the 12.6 trillion pesos (US$8.3 billion) falling due this week. —The price: Investors demanded yields near 30 percent a year to roll peso bills into November and beyond. —The market: Country risk fell to 509 points on Thursday, its first decline of […] The post Argentina Rolls Over 96 Percent of Maturing Debt as Country Risk Eases to 509 appeared first on Th…
Buenos Aires, 27 August (NA) -- The sovereign bonds in dollars rose and the country risk measured by J.P. Morgan scored its first drop in the week, although it could not pierce the barrier of the 500 basis points. Meanwhile, the ADRs of Argentine companies on Wall Street showed losses of up to 4.6% led by banks. The attention of the local market is now concentrated on the new Treasury debt tender. In this context, the bonds in dollars closed wit…
The indicator produced by the US stock exchange company JP Morgan for Argentina retreated eight units on Thursday, August 27, 2026, closing at 509 basis points. The quote reflected a relief in sovereign bonds against the firmness of Wall Street. Read more
The sovereign titles operated in red on an adverse day for the emerging debt, while the S&P Merval managed to close with a slight improvement in weights. The market also closely followed the currency pressure, mortgage credit announcements, in the run-up to the Treasury tender.
The country risk progressed again this Wednesday and reached 515 basic points, while the ADRs of Argentine companies operate with most casualties on Wall Street. A few days after the closing of August, markets again show signs of tension over local assets.
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