15/07/2026 19:16 - Economia
Publication: July 15, 2026
The Ministry of Economy, under the direction of Luis Caputo, took a key step in the financial market on July 15, 2026, by launching a new tender for the Bonar 2029 (AO29). The goal is to raise up to 2 billion dollars in the market, in a context where Argentina seeks to consolidate its recovery and macroeconomic stability.
This new issuance comes after a massive payment of 4.2 billion dollars in sovereign debt, including bond coupons. The country risk remains at optimistic levels, standing between 402 and 405 basis points, reflecting growing confidence from international investors.
The fervor over the 2026 World Cup semifinal between Argentina and England was also felt in the financial sphere. The tender closing was moved up to 1:00 PM to allow operators and the general public to enjoy the historic match being played in Atlanta at 4:00 PM.
The fundraising strategy occurs in a scenario of positive economic indicators. According to INDEC (the National Institute of Statistics and Census of Argentina), June inflation registered at 1.9%, breaking the 2% monthly barrier for the first time in 10 months. Additionally, the Central Bank of Argentina (BCRA) has a robust shield of 20 billion dollars, allowing it to keep the official dollar exchange rate stable, oscillating between 1,495 and 1,515 Argentine pesos (ARS).
The International Monetary Fund (IMF) has projected 3.5% growth for the local economy. This optimistic outlook will be reinforced by the upcoming visit of the organization's Managing Director, Kristalina Georgieva, scheduled for July 27, 2026.
Alfredo S. Quiroga
