The Minister of Economy,
Sergio Massa
, announced this Wednesday the Government's decision to open a "
repurchase process of Argentina's external debt
for more than
one billion dollars
" with the aim of lowering the country's risk.
"We saw a drop of a thousand points or more in the country risk in Argentina and it is a window. That is why we have made the decision to carry out a process of repurchase of the Argentine external debt for more than one billion dollars that begins on the day of today," Massa said.
And he added: "We have made the decision in a joint resolution of the Ministry of Finance and the Treasury to entrust the Central Bank, for greater transparency, to carry out this repurchase process on behalf of the Treasury to continue lowering the country risk, which improves the possibilities Argentine companies and the Argentine State to access the capital market".
News in development.
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