Argentine bonds could take another beating if restructuring talks drag on

Financial Post | Feb 14, 2020 at 10:29 PM
  • Argentina’s bloodied bond market could take another beating if debt renegotiations take longer than expected, analysts said on Friday, as investors digested a week full of bearish news and the economy minister’s blunt comments about creditors.
  • Asset prices were driven down on Monday by a sovereign debt auction that had to be canceled due to poor investor appetite.
  • The IMF mission, in Buenos Aires until Feb. 19, is expected to issue a statement about Argentina’s plan for restructuring about $100 billion in loans and bonds.