Argentina
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Argentina likely to dodge default but hard work ahead
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Investors wary despite reduced risk of arrears to the multilateral
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Refinancing deal an important step in right direction but comes with its own problems
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South American supra looking to diversify away from Swiss francs
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With Latin American primary bond markets in a rather sorry state, we’ll start somewhere a little bit more cheery
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Political complications remain before the country can seal deal with Fund but debt is too high, even in optimistic scenarios
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Understanding on 'key policies' arrives ahead of expectations but bonds still below December levels
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Government presentation spooks investors, more volatility likely
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The sovereign’s bonds have performed strongly so far in December
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EM sovereigns make bold pleas for climate cash
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South American supra is hitting its operational and lending targets
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Under 9% of holders of Argentine oil producer’s 2021s will swap into longer-dated debt