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Argentina rules out return to international debt markets despite lower country risk

Argentina’s government does not plan to return to international debt markets despite a sharp fall in country risk, Economy Minister Luis Caputo revealed, signalling a continued strategy of avoiding sovereign bond issuance even as financing conditions improve, MDZ reported. Speaking to Radio Mitre on February 2, Caputo said the administration had “no intention” of issuing bonds abroad to refinance debt maturities due this year, contradicting market speculation that the government might seek funding on Wall Street. [...]