The Argentine Treasury, led by Luis Caputo, issued a new dollar-denominated bond maturing in 2029 to refinance USD 4.2 billion in debt. The bidding closed early so the economic team could watch Argentina's World Cup semifinal match.
The Central Bank of Argentina (BCRA) achieved a record-breaking single-day purchase of USD 532 million on July 14, 2026. Supported by a USD 20 billion reserve shield, this operation drove the official exchange rate below 1,500 ARS, while monthly inflation impressively fell to 1.9% for the first time in 10 months.
The official US dollar in Argentina saw its biggest drop since April 30, falling to 1,495 ARS at Banco Nacion. Meanwhile, the Central Bank bought USD 532 million in a single day. With June inflation at 1.9%, the government launches the Bonar 2029.
On July 15, 2026, Argentina's Economy Ministry, led by Luis Caputo, launched the new Bonar 2029 to raise up to 2 billion dollars. This move follows a successful sovereign debt payment, with inflation dropping to 1.9% and financial markets eagerly anticipating the World Cup.
In a climate of exchange rate stability and low inflation, Argentine Economy Minister Luis Caputo tests the market with a new dollar-denominated bond. The auction is set for July 15, 2026, with an early closing time scheduled to accommodate the 2026 World Cup semifinal.
Argentine Economy Minister Luis Caputo has successfully paid USD 4.2 billion in debt and is launching a new USD 2 billion bond. Although there are no immediate plans to re-enter the voluntary debt market, a continued drop in country risk could change this strategy, bringing fresh opportunities for global investors.
Argentina's country risk indicator is nearing 400 basis points, a milestone not seen since April 2018. Driven by this improvement, the government is preparing to launch a US$2 billion Bonar 2029 bond on July 15, 2026, as part of a plan to cover debt maturities through 2027.
After a long weekend due to a national holiday, the official US dollar exchange rate for retail sale will open this Monday, July 13, at 1,515 Argentine pesos at Banco Nacion. Additionally, the Government will launch a new Bonar 2029 bond for 2 billion dollars to attract funds after paying 4.2 billion dollars in debt.
The Argentine government faces $4.3 billion in bond maturities this week. Financed by a $3.2 billion international loan, these payments often trigger slight drops in bond prices, opening a window of opportunity for savers to buy MEP dollars at better rates.
Argentina's Economy Ministry, led by Luis Caputo, has unveiled a comprehensive financial program designed to guarantee foreign currency debt payments through 2027. With a projected surplus of USD 3.7 billion for the upcoming election year, the plan aims to provide market certainty and consolidate economic stability.
Economy Minister Caputo presented a financial program guaranteeing a USD 4.2 billion bond payment on July 9, backed by a reserve surplus. The new Bonar 2029 launches with no limits, while country risk hits its lowest level since 2018, sparking market optimism.
Alfredo S. Quiroga
