David Feliba

Argentina is set to make a major payment on its dollar bonds this week, pulling off a feat few investors thought possible while the country refuses to tap global debt markets.

Argentina se dispone a realizar esta semana un importante pago de su deuda en dólares, logrando un objetivo que pocos inversionistas consideraban posible mientras el país sigue sin recurrir a los mercados internacionales de deuda.

A Argentina fará nesta semana um pagamento relevante de sua dívida em dólar, alcançando um feito que poucos investidores consideravam possível enquanto o país segue sem recorrer aos mercados internacionais de dívida.

Argentina is set to make a major payment on its dollar bonds this week, pulling off a feat few investors thought possible.

Moody’s Ratings upgraded Argentina’s credit score, giving the nation its third sovereign upgrade in less than three months and validating President Javier Milei’s economic overhaul plan.

Bad loans keep piling up in Argentina, dashing hopes that the economic pain unleashed by President Javier Milei’s harsh austerity program had already crested.

All three major credit-rating firms now rate the country above the highly distressed category; Milei administration targeting investment-grade status by 2031.

Government was counting on a revival in consumer credit to help broaden an export-led recovery through stronger household spending,

In his first stint as a top Argentine finance official a decade ago, Luis Caputo tapped foreign bond markets again and again, selling more than $40 billion in total and earning the moniker “serial borrower” from his critics. Nearly three years into his second tour, Caputo, now the top economic aide to President Javier Milei, hasn’t sold a single bond overseas.

President Javier Milei's government seeks to boost credit and economic activity by easing longstanding restrictions on dollar lending.