Argentina’s $150 Million Bond Sale Prices Risk After Milei’s Term

Argentina sold $150 million of a bond denominated in dollars on Friday that gauged investors appetite to finance the government beyond President Javier Milei’s first term.

Officials placed the local-law bond maturing in October 2028 at a yield of 8.9%, according to an Economy Ministry statement. The bond has a maximum authorized size of $2 billion, though it will be issued gradually in weekly tranches of up to $250 million.