VOICED : Argentina sale del exilio financiero y coloca bonos de deuda

VOICED : Argentina sale del exilio financiero y coloca bonos de deuda

Assessment

Interactive Video

Business, Social Studies, History

9th - 12th Grade

Hard

Created by

Wayground Content

FREE Resource

Argentina re-entered the global financial markets by issuing $16.5 billion in sovereign debt, marking the largest demand in emerging markets history. The debt, with an average interest rate of 7.2%, has maturities of 3, 5, 10, and 30 years. The funds will be used to pay speculative funds and support government finances. This move ends Argentina's 15-year exile from global debt markets following the 2001 collapse. The issuance signifies Argentina's exit from default, which had hindered economic growth. Two-thirds of investors are from the U.S., with others from Europe, Asia, and Latin America. The bonds will be issued under New York jurisdiction.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the total amount of sovereign debt issued by Argentina?

$10 billion

$16.5 billion

$20 billion

$25 billion

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the average interest rate for Argentina's debt issuance?

7.2%

8.0%

6.5%

7.5%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What significant event did Argentina leave behind with this financial move?

A currency devaluation

A 15-year market absence

A political crisis

A trade embargo

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which region contributed the majority of investors for Argentina's bond issuance?

Latin America

United States

Europe

Asia

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Under which jurisdiction will Argentina's bonds be issued?

Tokyo

Buenos Aires

New York

London