Argentina’s Central Bank (BCRA) announced on Wednesday it had negotiated a repurchase agreement (known as a repo) with international banks for US$3 billion. This will allow the country to face debt maturities close to US$4.2 billion due on Friday, January 9. This is the third repo with international banks carried out by Economy Minister Luis Caputo since taking office in December 2023. The first two, signed in January and June 2025, used BOPREAL dollar-denominated securities as collateral, for a total of US$3 billion. The decision is part of a government-announced move that it will begin a reserve-accumulation process in 2026, something markets and the International Monetary Fund (IMF) had been calling for.

Source: Bueno Aires Herald January 07, 2026 14:09 UTC