Categories: Economy

RadioProfile | Debt buyback: What are the repercussions after Sergio Massa’s announcement?

The Minister of Economy Sergio Massa announced yesterday that the Government began a process to repurchase Argentina’s external debt for US$1,000 million.

The news came out on the Wednesday morning before the market opened, so the day started off unsettlingly. After the announcement, the concerns about the accumulation of dollars were overcome by the optimistic side of the news that not only increased the positive streak of the titles but also boosted the increases with euphoria.

Since the beginning of the round, reference bonds posted increases of around 6% in dollars, while global bonds had a better performance at the end of the round, growing 5% on average.

Julieta Colella analyzes the repercussions after the announcement of the reward of the Argentine foreign debt in her column for Radio Perfil. FM 101.9.

by Juliet Colella

image gallery

Anna Edwards

Recent Posts

Investor Strategies for Hungarian Policy Risk in Project Finance

Hungary is a mid-income EU member situated strategically in Central Europe, marked by substantial industrial…

22 hours ago

Czech Republic: What Investors Look For in Industrial Competitiveness & Supply Chains

The Czech Republic is one of Central Europe’s most industrialized economies, with manufacturing representing a…

22 hours ago

How Athens Founders Optimize Cap Tables for Future Funding

Athens hosts a steadily expanding, globally linked startup landscape supported by active angel groups, accelerators,…

23 hours ago

Why are accessories important in fashion?

Accessories in the fashion industry hold a significant role in enhancing personal style and fashion…

23 hours ago

Why Edinburgh Excels in Credible & Compliant Financial Innovation

Edinburgh blends its longstanding financial services tradition with a fast-growing scene of fintech and data-focused…

23 hours ago

Athens Startup Guide: Cap Table Management for Funding Growth

Athens has a growing, internationally connected startup ecosystem characterized by active angel networks, accelerators, local…

1 day ago