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Argentina Courts Banks for Repo Financing to Cover January Bond Payment

Investor attention centers on short-term dollar liquidity, not the stock of debt.

Overview

  • Banking sources say the Economy Ministry is discussing a repo of about US$4 billion to help meet early‑January 2026 Bonares/Globales maturities totaling roughly US$4.3 billion.
  • Lenders are evaluating the request and asking about collateral, and the ministry has not confirmed any deal.
  • Official data and market reports indicate the Treasury has stepped up dollar purchases, adding about US$97 million on Friday and buying more early this week.
  • Minister Luis Caputo says near‑term payments will be financed through tools such as bank loans, swaps with China and the U.S., or market operations rather than by using reserves.
  • Separate coverage describes ongoing discussions over a larger U.S.-linked facility of up to US$20 billion with reported internal bank timelines, though the scope and timing remain uncertain.