Overview

• Economy Minister Luis Caputo leads a delegation to Washington to meet Treasury Secretary Scott Bessent, with sessions slated through the weekend to advance a financial backstop.
• U.S. support is being framed as a currency‑swap line, widely reported near US$20 billion, with key terms such as duration, tranches, eligible uses and conditionality still under negotiation.
• IMF Managing Director Kristalina Georgieva says coordination with the U.S. Treasury is underway and notes potential use of U.S. SDR holdings routed via the Fund, with talks with Argentine officials expected within days.
• Argentina’s dollar bonds gained roughly 2% and JP Morgan country risk hovered near 1,264 basis points after confirmation of the trip and public signals of U.S. and IMF engagement.
• Argentine interlocutors are also pressing for U.S. measures to support sovereign bond prices, a reported request still unconfirmed, with officials eyeing visibility before the Oct. 14 Milei–Trump meeting and the Oct. 26 legislative elections.