Argentina taps the local market to fund a $4.2 billion bondholder payment due July 9
Argentina's Economy Ministry on Monday completed the placement of the Bonar 2028 (AO28), a dollar-denominated bond under local law, raising most of the funds needed to face a maturity of around $4.2 billion with private debt holders due on July 9. In the second round of the auction, the Finance Secretariat awarded $100 million, thereby reaching the authorized cap of $2 billion for that instrument.
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Argentina taps the local market to fund a $4.2 billion bondholder payment due July 9 Tuesday, June 30th 2026 - 08:27 UTC Full article 0 comments (adsbygoogle = window.adsbygoogle || []).push({}); The strategy of Economy Minister Luis Caputo was aimed at obtaining foreign currency in the local market rather than turning to international credit markets, where rates for Argentina remain high Argentina's Economy Ministry on Monday completed the placement of the Bonar 2028 (AO28), a dollar-denominated bond under local law, raising most of the funds needed to face a maturity of around $4.2 billion with private debt holders due on July 9. In the second round of the auction, the Finance Secretariat awarded $100 million, thereby reaching the authorized cap of $2 billion for that instrument.
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