Argentina seeks to build up local capital markets

Argentina seeks to build up local capital markets

Corporate & Sovereign Strategy International Financial Institutions CAF International Monetary Fund (IMF) Economy & Policy Debt Loans Capital Markets Argentina

The Argentine government plans to roll out new investment options for savers in the local market after halting a long-running practice of borrowing from the central bank, Economy Minister Sergio Massa said on Thursday. The government has returned ARS10 billion ($74 million) to the central bank's coffers since Massa stopped the practice after taking office at the start of the month, and it is now looking at other ways of raising funds in the local market, he said at an Americas Society/Council of

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