Investors’ concern over the fragility of Argentina’s economy, despite the agreement with bondholders – MercoPress

Investors’ concern over the fragility of Argentina’s economy, despite the agreement with bondholders – MercoPress

Investor concerns about the fragility of Argentina’s economy, despite the agreement with bondholders

Thursday August 20, 2020 – 10:55 UTC

Argentina’s OTC bonds closed 0.3% lower on average and traded at around 45 to 50 cents on the dollar, well below the net present value (NPV) of 54.8 cents

Argentine bonds recently retreated after the government…

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