# Argentina to delay $1.47 billion bond payment amid debt crisis

> Argentina has postponed a $1.47 billion principal payment on its AF20 bond until September 30, the economy ministry said on Tuesday. The delay could complicate a broader debt restructuring programme.

- Date: 2020-02-11 · published 2020-02-11T12:00:00.000Z
- Category: macro · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/54858-argentina-to-delay-1-47-billion-bond-payment-amid-debt-crisis
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

A deeper debt crisis increases pressure on the peso and the government's dollar reserves, which can weigh on Argentine export pricing and currency-linked commodity flows.

## Read by commodity

- USDARS: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/article/us-argentina-debt-idUSKBN2052BY/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.