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1h ago

Argentina’s Central-Government Debt Falls to $442.2 Billion in October, Marking a Sixth Straight Decline

Finance officials attribute the October drop to large debt-service payments with valuation effects playing a key role.

dolar dólar billetes dolares efectivo moneda estados unidos billete cien dólares currency dollar note notes banknotes foto: S A
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Overview

  • The Finance Secretariat reported the gross debt stock at $442.196 billion, down $11.835 billion from September.
  • Net payments totaled about $6.965 billion in October, with $10.959 billion disbursed overall and 96% settled in local currency.
  • Valuation effects reduced the dollar-equivalent stock by $4.798 billion from exchange-rate moves and $3.523 billion from CER, partly offset by $3.470 billion in capitalized interest.
  • Debt composition stands at 76.3% Treasury securities and 22.3% obligations to official external creditors, with 43% in pesos and 57% in foreign currency.
  • Obligations to international institutions total $94.837 billion, including $56.763 billion to the IMF, while BCRA reserves fell $992 million in October following Treasury dollar sales.