Macroeconomy/Finance

Argentine bonds fell 7.2% and country risk exceeded 3,500 points

Argentine dollar bonds continued to plummet on Tuesday, falling to 7.2%, reflecting uncertainty about debt restructuring, pending the first official offer, amid increased global risk aversion due to fears of the effects of the coronavirus. With the new drops in Argentine bonds, Argentina’s country risk, as measured by JP Morgan Bank, rose 79 units, or 2.3%, to 3,546 basis points.

Source: Ámbito

Categories: Macroeconomy/Finance