Argentine Government Calls for New Swap of $70bn Public Debt

Amid the paralysis caused by the coronavirus and the collapse of the international markets, the Argentine government continues with its strategy to renegotiate the substantial public debt, for about $70 billion, and called for a new exchange for next Thursday. The objective is to alleviate the maturity curve; the Ministry of Economy will place inflation-adjustable bonds with terms of between 1 and 4 years.

Source: Ámbito