• 19/04/2024 12:01

Argentina sold $3.2 billion in bills to pay off debts

Argentina's central bank issued 10-year notes worth $3.2 billion, a move necessary to pay off obligations to private investors. This is reported by Reuters.

Argentina sold bills worth $3.2 billion to pay off debts

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The issue of bills will not harm the financial state of the Argentine Central Bank, said the press service of President Javier Miley.

Argentina is trying to conclude an agreement with the International Monetary Fund (IMF) to obtain the $3 billion needed to pay off the debt. Meetings with IMF representatives are scheduled for January 2024.

According to analysts, the net reserves of the Central Bank of Argentina remain negative and amount to about $8 billion.


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