LatinNews Daily - 05 March 2020

*Argentina’s economy ministry has announced that it has placed Ar$56.9bn (US$890m) in treasury bonds in the domestic financial market. The operation, which involved a bond swap offer, was described as successful by the ministry and comes after two previous disappointing bond issues in the last fortnight. The debt operations are all part of the government’s efforts to raise funds to service debt repayments due this year and reprofile its domestic debt. According to a ministerial statement, there were four separate bonds offered to holders of Ar$80bn in ‘Bogato 2020’ bonds due to expire this week: one maturing in May; one in June; one in July; and the last expiring in 2021.

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