Argentina successfully secured all USD needed to cover debt maturities for all of 2025

[earlyretirement]

More great news.

The Argentine government has successfully secured the dollars needed to cover debt maturities for all of 2025, representing a significant advancement in its financial strategy.

This measure has had a positive impact on the markets and the perception of the country's economic stability. The Ministry of Economy has taken the following actions:

-Deposited US$ 6.009 billion in the Central Bank of the Argentine Republic (BCRA).
-Transferred nearly US$ 1 billion to the Bank of New York Mellon last October.

These funds are intended to cover:
-Capital maturities in January and July 2025, amounting to US$ 2.901 billion each.
-Interest payments on Bonares and Globals, estimated at around US$ 1.8 billion.

https://twitter.com/x/status/1874961503667073458

 

[Betsy Ross]

I guess this explains why all my Argentine stocks went up today. What a ride!

 

[Uncle Wong]

Thanks for your many posts. You got me to buy some YPF last week and already up over 6%. Thanks! I'm in at $41.95.

 

[Blockchain]

I saw Argentina's country risk plummeted today too. I guess that is why.

Riesgo País | Ámbito

Seguí las últimas noticias sobre Riesgo País en Argentina. Información, novedades y última hora.

www.ambito.com

 

[lemonade]

Go Argentina! VVLC.

 

[Larry]

But now Argentina is talking about taking out even more debt with the IMF. They want $20 Billion more!

 

[Johnny]

I guess this explains why all my Argentine stocks went up today. What a ride!

Love it! All my Argentine stocks skyrocketed today. Good start to the new year.

 

[Uncle Wong]

I just saw this on X today.

Seems like a lot of appetite for Argentina. Big banks seem to be betting on a big turn around here.

https://twitter.com/x/status/1875256594101129468

 

[Finance Prof]

I just saw this on X today.

Seems like a lot of appetite for Argentina. Big banks seem to be betting on a big turn around here.

https://twitter.com/x/status/1875256594101129468

There were even more banks that wanted to loan Argentina more money. What a turn around.

Milei scores win with US$1-billion repo from five top banks

Milei administration announces US$1-billion repurchase agreement with five international lenders that will help replenish foreign reserves at its Central Bank.

batimes.com.ar