Cbonds held a conference on the bond market of Argentina
13 sierpień 2019 | Cbonds
 In his opening speech to the participants of the conference, Cbonds CEO Sergey Lyalin said that despite the fact that the Argentine economy was facing a severe crisis, there was every reason to believe that the situation would improve. He emphasized that the country had been consistently reducing the budget deficit in accordance with the IMF agreements – it had managed to reduce it from 7.4% in 2016 to 5% in 2018. Currently, the main factor of uncertainty is the upcoming elections in October, and in case of the victory of the incumbent President Macri, one can expect an increase in foreign investors' demand for the Argentine assets, as well as a boom in prices for the Argentine bonds. In addition, Cbonds provides comprehensive information on the Argentine bond market, including the Eurobond market and the domestic market. At the moment, Cbonds database contains information on 255 Argentine Eurobonds outstanding and 463 domestic bond issues. It should be noted that the distinctive feature of the domestic bond market of Argentina is the placement of the majority of issues with a floating coupon rate that is tied to BADLAR interbank rate. |
Organizacja: Argentyna
| Pełna nazwa firmy | Republika Argentyńska |
| Country of risk | Argentina |
| Country of registration | Argentina |
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