Buenos Aires, January 27 (NA) — The country risk premium finally broke the 500-point mark, reaching 496, for the first time in nearly 8 years. The decline comes amid an improvement in the valuation of the country's bond debt. The indicator prepared by J.P. Morgan fell by 3.3% and retreated by 13.1% so far in January. This record marks the best level under the management of Javier Milei and the lowest index since June 2018. Thus, Argentina is increasingly likely to return to international debt markets.
Argentina's Country Risk Premium Hits 8-Year Low
Argentina's country risk premium, measured by J.P. Morgan, fell to 496 points, the lowest level since June 2018. This improvement, driven by rising bond prices, increases the country's chances of returning to international debt markets.