Argentina bond market news
Argentina was the first junk-rated country to sell a so-called century bond, raising $2.75 billion at a 7.9% yield in June 2017. But not long after that, runaway inflation and a sinking peso drove Argentina returns to the international borrowing markets with a sale of sovereign bonds that ends 15 years of exile since its 2001 default. One of the bond market’s biggest investors has seen its flagship funds battered by the turmoil in emerging markets unleashed by Argentina’s spiralling financial crisis. The 100-year Argentinian bond, wrote Gillian Tett in the Financial Times, “may end up being the government bond market equivalent of the Pets.com IPO during the 2001 tech boom — the sign of a
2:49 AM ET Fri, 6 March 2020. BUENOS AIRES, March 5- Argentina's main farm groups will hold a four-day sales strike next week, a source with a local growers group said on Thursday, to protest a
13 Feb 2020 Argentina's plans to restructure $67bn of debt in under two months may for president Alberto Fernández's relationship with the bond market. 19 Apr 2016 Argentina returns to the international borrowing markets with a sale of sovereign bonds that ends 15 years of exile since its 2001 default. 3 Sep 2019 Two fresh calamities hurt Argentina's already reeling market—the extension of the payment schedule of most bond issues and the 23 Sep 2019 Whenever Argentina makes top headlines in financial news, investors expect trouble. The country, which according to a report from the World
Argentina sold $16.5 billion in bonds on Tuesday, making its return to the global debt markets after 15 years with the largest ever emerging market bond sale.
Bargain-Basement Bonds. Argentina yields the most among sovereign debt due in three years or fewer The market selloff is exacerbating the economic woes as rising borrowing costs and a Argentina was the first junk-rated country to sell a so-called century bond, raising $2.75 billion at a 7.9% yield in June 2017. But not long after that, runaway inflation and a sinking peso drove
Argentina debt accounted for 4% of the iShares MSCI Emerging Market Debt exchange-traded fund as of July 1, 5.9% of the iShares Emerging Markets High Yield Bond ETF as of July 1, and 3.8% of the
13 Feb 2020 Argentina's plans to restructure $67bn of debt in under two months may for president Alberto Fernández's relationship with the bond market.
11 Dec 2019 “I still think it's the best-performing sovereign bond market over the next 12 months,” says Jan Dehn, head of research for the Ashmore Group, a
One of the bond market’s biggest investors has seen its flagship funds battered by the turmoil in emerging markets unleashed by Argentina’s spiralling financial crisis. The 100-year Argentinian bond, wrote Gillian Tett in the Financial Times, “may end up being the government bond market equivalent of the Pets.com IPO during the 2001 tech boom — the sign of a Argentina sold $16.5 billion in bonds on Tuesday, making its return to the global debt markets after 15 years with the largest ever emerging market bond sale. The Argentina 10Y Government Bond has an estimated 26.305% yield. Its value is not derived from the market, but it's calculated according to the yields of other available durations. Central Bank Rate is 38.00% (last modification in March 2020). The Argentina credit rating is CCC-, according to Standard & Poor's agency. At a news conference on Monday, the president also said that the drop suggested the market lacked confidence in an opposition government. Argentina is a country that has suffered with all
Argentina just suffered the 2nd-biggest crash since 1950 for any stock market — and the nation is again on the brink of a financial crisis Even Argentina's 100 year bonds sank to a new low “The hopes of Argentina becoming a sustainable, well-functioning economy have been shattered for now,” said Patrick Wacker, fund manager for emerging-market fixed income at UOB Asset A star fund manager at Franklin Templeton loses nearly $1.8 billion in Monday's market slide in Argentina, according to the Financial Times. Financial markets in Argentina are in turmoil after a