Argentina Completes $2B Repo Operation at SOFR+450 BPS Rate

Argentina’s central bank announced it closed a $2 billion repurchase agreement operation with seven international banks, according to a statement.

Says Argentina to pay an interest rate of 450 basis points over the Federal Reserve’s Secured Overnight Financing Rate
Repo expires April, 2027

To contact the reporter on this story:
Manuela Tobias in Buenos Aires at mtobias10@bloomberg.net

To contact the editors responsible for this story:
Walter Brandimarte at wbrandimarte@bloomberg.net

Jose Orozco

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