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The Wall Street Publication > Blog > Markets > Argentine Bonds Rally on IMF Deal Hopes
Markets

Argentine Bonds Rally on IMF Deal Hopes

Editorial Board Published December 28, 2021
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Argentine Bonds Rally on IMF Deal Hopes
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Optimism that Argentina will strike a new agreement with the International Monetary Fund has lifted prices of the country’s government debt by about 10% in December, analysts said.

The strong performance coincides with an unusual admission by the IMF in recent days that the previous lending package it provided to Argentina in 2018 failed to deliver on its aims.

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