Reported about 1 month ago
Argentina's bond prices have risen as the government discusses a $2.7 billion repo credit line to cover upcoming debt repayments due in January. In negotiations primarily with Banco Santander SA and JPMorgan Chase, the central bank aims to secure this funding for approximately three years. Additionally, the Inter-American Development Bank and World Bank are set to provide $8.8 billion for social and private sector programs. This move is seen as a crucial step in rebuilding investor confidence for future debt servicing and access to international financing.
Source: YAHOO