Argentina Bonds Slump as Economy Chief Criticizes IMF Proposals

Published on: Thursday 06 January 2022

(Bloomberg) -- Argentine dollar bonds fell the most since September after Economy Minister Martin Guzman criticized spending cuts proposed by the International Monetary Fund, highlighting the difficulties ahead in securing a new agreement. Notes maturing in 2041 dropped 1 cent to 32.8 cents on the dollar, the biggest decline since Sept. 20, according to data compiled by Bloomberg. Credit-default swaps widened the most in five weeks.While Argentina and the IMF are “on the same page” on the level

News source: https://finance.yahoo.com/news/argentina-says-imf-economic-plan-225356553.html

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Argentina Bonds Slump as Economy Chief Criticizes IMF Proposals