Argentina swaps out peso debt

Argentina swaps out peso debt

Corporate & Sovereign Strategy Economy & Policy Bonds Debt Fixed Income Capital Markets Argentina

Argentina's economy ministry said Wednesday that it swapped ARS358 billion ($5.3 billion) in local notes for bonds that were set to mature at the end of the month. The ministry issued ARS128 billion in fixed-rate peso bonds known as Ledes that come due between October and December. It also placed ARS146 billion of inflation-linked Lecer notes that mature between August 2022 and January 2023. The government will use the proceeds to pay holders of ARS223 billion in Ledes and ARS339 billion in Lece

Already have an account?

Free trial

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

Free Trial