Argentina is at the height of proximity of defaults throughout Macrie's era


5-year credit risk swaps (CDS) rose to 904 points. These operations are increasing according to a state risk that exceeds 800 units.

April 12, 2019

With a stagnant economy and a recession that does not find a basis, Non-payment insurance reached the record in the Macri period. For the first time since 2015, this week 900 drills have been drilled and are likely to be close to 50% over the next five years.

Yesterday credit default swaps (CDS) in five years they climbed to 904 points. As he progressed Destape, the scenario shows that investors perceive that the economy does not recover, and the market rules of government generate more and more distrust.

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CDSs are transactions carried out abroad and are protected against a credit event. Increasing its value goes hand in hand country risk, which also remains on the rise and is located above 800 points.

According to the agency Reuters, in Venezuela alone (7,691) exceeds Argentina in order to protect its debt for 5 years. Brazil (171), Mexico (118), Colombia (105), Peru (59) and Chile (41) are at local risk.


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