Argentina names China swap as fallback for 2027 debt financing

Bloomberg · 5 hours ago
  • Economy Minister Luis Caputo said Argentina is considering its China currency swap line as a backstop if it cannot refinance dollar-denominated bonds under local law.
  • The financing contingency ties to investor concerns ahead of next year's presidential election, according to the source report.
  • The source cites 2027 financing needs as the timeframe for the swap-line option.

Quotes

“if it can’t refinance dollar-denominated bonds under local law”— Luis Caputo

Sources