Argentina's $1 Billion Bond Buyback Plan Has Investors Stumped

Investors point out that the government doesn't have much room in central bank coffers to fund such a lavish buyback.

By Scott Squires | January 20, 2023 at 07:07 AM

Argentina's plan to repurchase $1 billion of its deeply distressed dollar bonds has emerging-market investors scratching their heads.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
Informative weekly newsletter featuring news, analysis, real-world case studies, and other critical content
Educational webcasts, white papers, and ebooks from industry thought leaders
Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor

NOT FOR REPRINT

By Krishnan Nair | November 06, 2024

Trade tensions are expected to increase as Donald Trump seeks to unleash a slew of tariffs during his second term as U.S. president.

By Gabriel Salinas, David Weiss & Marco Portillo Diaz | November 04, 2024

"A considerable level of uncertainty is likely to dominate the Mexican legal landscape for the foreseeable future."

By Erik Wasson & David Westin | June 21, 2024

Larry Summers: "I don't see the evidence for his belief. When you launch attacks and others respond, the whole thing can spiral."

Treasury & Risk

Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
Exclusive discounts on ALM and Treasury & Risk events.
Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now