Overview
- Official data show gross debt at $442.196 billion at October’s close after a $11.835 billion monthly drop, the sixth consecutive decline reported.
- Central administration payments totaled $10.959 billion in October, with 96% settled in pesos and $10.715 billion applied to principal.
- Net repayments of $6.965 billion combined with valuation effects reduced the stock, as FX moves cut $4.798 billion and CER indexation trimmed $3.523 billion, partly offset by $3.470 billion in capitalized interest.
- Debt composition remains skewed to foreign currency at 57% ($250.845 billion) versus 43% in pesos, with $187.668 billion in dollars and $56.763 billion in SDRs tied to the IMF.
- The share held in Treasury securities is 76.3% and obligations to official external creditors are 22.3%, while the BCRA reports a $992 million reserve decline linked to Treasury dollar sales.