The government of Argentina’s next president, Cristina Fernández de Kirchner, must issue a sovereign Eurobond to create a benchmark yield curve to encourage the country’s corporates to come to market, according to experts.
Ms Kirchner was elected president on October 28 and is due to assume office on December 10. Local commentators expect the country to enter the international financial community fully during her four-year term, for the first time since the economic crisis of 2001-02. However, there are a number of major hurdles to overcome before this can happen.
