#Argentina's 100-year bond, sold in a $2.75 billion issue in June, is trading at $89.34 on the dollar, @financialtimes reports, the result of a strengthening dollar and falling confidence in Argentina's economic recovery. https://www.ft.com/content/bee14886-4c87-11e8-8a8e-22951a2d8493 …
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Fortunately for the government, @MinFinanzas does not anticipate significant overseas borrowing for the remainder of this year, though the fiscal deficit still exceeds 3% of GDP.
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For more on the state of #Argentina's economy, including continued struggles to control inflation, listen to our recent interview with @FrontierStrtGrp's @schobetrotter. https://soundcloud.com/the-wilson-center/argentina-project-podcast-16-time-on-your-side?in=the-wilson-center/sets/argentina-project … #ArgentinaProjectPodcast
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