Macroeconomy/Finance

Argentina announces voluntary debt swap for AR$105 billion

Argentina Ministry of Economy will open a tender for voluntary swap of the so-called Dual Bond 2020 with maturity on February 13 (AF20) and equivalent to AR$105 billion for new titles or a combination of bonds with maturity in 2021, according to a today publication in the Official Gazette. The Dual Bond, denominated in dollars but with interest payment in pesos, was issued in June 2018 and collected $1.64 billion.

Source: BAE Negocios

Categories: Macroeconomy/Finance

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