News of debt

IMF to consider US$20-billion Argentina deal in informal meeting

21-03-2025 15:44 IMF intends to discuss a new loan for Argentina during an informal meeting between its staff and executive board next week in Washington.

Argentina waiting on yields to fall below 10% before debt market return

20-03-2025 12:26 Argentina is waiting for yields on its sovereign bonds to edge below 10% before exploring return to international capital markets, says government official.

Energy export surge quells fears over currency management

29-01-2025 11:20 BlackRock, Barings say energy dollars should quell Argentina’s foreign exchange concerns.

Milei celebrates as Argentina pays US$4.3B to bondholders

09-01-2025 13:07 "Debts must be paid," declares President Javier Milei as Treasury makes first due bond repayments of 2025, amounting to US$4.341 billion in principal and interest.

Argentina seeks US$2.7-billion line to cover debt maturities

23-10-2024 20:39 Argentina’s government is in talks with several banks to obtain a loan agreement of around US$2.7 billion for about three years in order to meet its principal debt obligations next January.

Milei gets vote of confidence in wave of Argentine debt sales

15-10-2024 11:22 Argentina’s largest companies are rushing to issue dollar debt, a tentative sign that Javier Milei’s shock therapy is starting to restore investor confidence.

IMF eyes decision on loan-penalty relief by October meetings

16-09-2024 13:20 The IMF’s executive board plans Monday to hold an informal meeting on the review of the so-called surcharges, fees that apply to nations including Argentina.

La Rioja creditors win US$40 million in NY court over bond spat

12-09-2024 16:29 US judge orders La Rioja Province to pay creditors nearly US$40 million in damages.

Bondholders in Buenos Aires Province question Milei’s resolve

28-05-2024 14:46 Bondholders in Buenos Aires Province are speculating that even Javier Milei isn’t ruthless enough to let the nation’s richest region go bankrupt.

IMF endorses Milei austerity, paves way for new funds

13-05-2024 13:05 Multilateral lender signs off on eighth review but says Milei government has put US$44-billion programme “firmly back on track”; Argentina to receive US$800 million in funds to make upcoming loan payment.

IMF hails Argentina’s ‘impressive’ progress under Milei

04-04-2024 19:27 Progress made by Milei administration is "impressive" but "the road to stabilisation is never easy," says IMF Communications Director Julie Kozack.

Argentina sued in United States over unpaid fuel for presidential plane

14-03-2024 18:29 Associated Energy Group files lawsuit against Argentina for failing to make payments to cover fuel costs from the presidential plane during trips by former president Alberto Fernández and current head of state Javier Milei.

Argentina peso bond puts balloon, spurring inflation risk

05-03-2024 14:16 Puts on Argentina’s peso debt issued by the Central Bank have surged under Javier Milei’s government, reaching a record and prompting officials to scale back their use amid growing investor concern.

Argentina, IMF talking about new programme outline

29-02-2024 12:20 Argentina, IMF in talks about outline of possible new programme to speed up exit from capital controls.

Argentina ordered to pay deposit in UK hedge funds case

22-02-2024 11:24 Argentina must pay a large deposit in a case brought by four hedge funds seeking US$1.5 billion in compensation for losses in the nation’s growth-linked securities.

Poverty hit 20-year high of 57.4% in January, says UCA body

18-02-2024 10:21 Prestigious UCA Social Debt Observatory says poverty is at 20-year high: 57.4%, equivalent to 27 million people, are now considered poor in Argentina. Extreme poverty affects 15%, some seven million people.

by Gonzalo Martínez

Milei vows to ‘keep promises’ after meeting with IMF chief

18-01-2024 01:15 President Javier Milei met IMF Managing Director Kristalina Georgieva after his speech to world leaders in Davos; Talks focused on Argentina’s US$44-billion programme and reaction to government’s austerity bid.

Blow for Argentina as court rules against nation in YPF nationalisation case

11-01-2024 17:12 US Judge Loretta Preska rejects the motion for extension by the government and confirms January 10 was deadline to provide guarantees; Plaintiffs can now seek seizure of assets for compliance.

Government reaches deal with IMF staff to unlock US$4.7 billion

10-01-2024 17:15 Argentina reached an agreement Wednesday with staff from the International Monetary Fund on the seventh review of the country’s US$44-billion programme.

Government proposes peso debt swap that may top US$71 billion

05-01-2024 14:30 Argentina’s government is proposing a debt swap to banks in the country that could top US$71 billion for peso notes due this year with the aim of postponing maturities and reducing the financial deficit to zero.