Overview
- Treasury will auction a four‑year dollar bond maturing November 30, 2029 under Argentine law with a 6.5% coupon paid semiannually.
- The tender closes December 10 with settlement on December 12, and officials say they do not plan to cover the full January need.
- Peso‑dollar quotes fell, hard‑currency bonds gained about 1%, and the country risk index narrowed to roughly 620 basis points after the announcement.
- Authorities point to additional dollar backstops, including a repo offer with banks of up to $7 billion and a $20 billion U.S. Treasury swap with $2.5 billion already activated.
- Analysts foresee a modest placement near $1.5–$2.0 billion and debate clearing yields in the high‑single to low‑double digits, noting the coupon will add visible interest costs to 2026 public accounts.