Get our news on your inbox! x

Remember me Forgot password

MercoPress, en Español

Montevideo, April 20th 2024 - 13:46 UTC

Tag: Dollar in Argentina

  • Saturday, April 27th 2019 - 09:59 UTC

    With markets and assets falling, Argentina becomes a magnet for bargain hunters

    Some of the bargains: 16.2% on dollar bonds maturing in three years or, better yet, 17.8% on bonds due in two. At a time when benchmark U.S. Treasuries yield 2.5%

    Argentine assets have tumbled so far, so fast that a few stout-hearted investors say it might be time to buy. “Find me a high-yield sovereign country with an IMF program paying so generously,” said Jean-Dominique Butikofer, the Atlanta-based head of emerging-market fixed income at Voya Investment Management, which oversees about US$ 205 billion.