Argentina launches $65bn 2024 debt swap to push back repayments amid economic crisis.
Argentina launches a $65 billion debt swap of peso and dollar-linked instruments due in 2024, aiming to push back repayments amid economic crisis. The operation, set to commence on Monday and close on Tuesday, involves exchanging the securities for new inflation-linked instruments with maturity dates ranging from 2025 to 2028. The government hopes this move will provide relief to the nation's struggling economy.
March 11, 2024
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