MercoPress. South Atlantic News Agency

Argentina's country risk hits an eight-year low as rating upgrades lift dollar bonds

Argentina's country risk closed this week at 421 basis points, its lowest level in eight years, amid a strong recovery in dollar-denominated sovereign bonds driven by recent improvements in the country's credit rating. The indicator, compiled by the bank JP Morgan, reflects the premium Argentina must pay to borrow in dollars over US debt, considered risk-free. Read full article