Over the next 15 months, Argentina faces peso-denominated debt maturities equivalent to USD 113 billion. The Treasury has been actively refinancing this debt in 2026 using various adjustment methods such as fixed rate, variable rate, CER bonds, dual bonds, and dollar-linked instruments.
Refinancing efforts have achieved a ratio of 113% so far in 2026. This performance marks a significant increase compared to the 84% average recorded throughout the entirety of 2025.
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