Argentina: Two more bond issues in 2017 -Finance minister

 

 

 

 

Two more bond issues in 2017 -Finance minister

Argentina will come to market with two more bond issues this year, Finance Minister Luis Caputo said in remarks at a conference on Wednesday.

He said they would not be in dollars, but the currencies were still undefined.

The country has already sold nearly $10 billion in dollar-denominated bonds so far this year, including a surprise hundred-year bond in June. It also raised 400 million Swiss francs through a March bond sale.

It was not clear if the new bonds would be issued before or after the October mid-term congressional elections, Caputo said.

In June, he said Argentina had $2.6 billion in bonds left to be issued this year and that they could be denominated in euros, yen or Swiss francs.

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