Falling rates ease corporate debt strain in Argentina

Falling rates ease corporate debt strain in Argentina

Corporate & Sovereign Strategy Debt Bonds Loans Argentina

Argentina's central bank has lowered the benchmark interest rate by 1,100 basis points over the past month, a move that analysts say is easing the debt strain on companies but not yet spurring them to borrow. The bank has cut the rate three times since the left-leaning government of President Alberto Fernández took power on December 10, taking it down to 52% from 63% — and far from a high of 86% in September. The central bank had started to raise rates in 2018 to contain the exchange rate and fi

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial