Euromoney
Search Logout Subscribe

Cavallo’s high-stakes confidence game

Headline: Cavallo’s high-stakes confidence gameSource: EuromoneyDate: May 2001Author: James Smalhout         Domingo Cavallo When Argentina cancelled a domestic bond auction last month – its government refused to pay the interest rates the market demanded – fears about the country’s ability to meet its debts were revived. The government, mired in recession for […]

January 1, 2000

Headline: Cavallo’s high-stakes confidence game
Source: Euromoney
Date: May 2001
Author: James Smalhout

       
Domingo Cavallo
When Argentina cancelled a domestic bond auction last month – its government refused to pay the interest rates the market demanded – fears about the country’s ability to meet its debts were revived. The government, mired in recession for almost three years, has debt of at least $125 billion. Argentina would need to cut imports in half or boost exports by half to service that overhang.




Access intelligence that drives action

To unlock this research, enter your email to log in or enquire about access

Related

Corporate banking

Challenger banks redefine SME banking
Banking

Awards for Excellence 2025 winners celebrate in London
Retail banking

The world’s best bank 2025: DBS
Retail banking

CIB’s CEO Al-Arab on realism, reform and resilience

28