Will Argentine bonds be the new Ukrainian-style success story?

Investors hopeful of bounceback ahead of elections

Argentine president Mauricio Macri. Photo: Argentina Ministry of Culture/Flickr CC BY-SA 2.0

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Investors are split on whether Argentine bonds can deliver stellar Ukraine-style returns ahead of a likely electoral win for Alberto Fernandez's market-antagonistic government on 27 October.

Some sovereign bonds issued by Argentina fell steeply to a face value in the mid-30s in August, after President Mauricio Macri suffered a larger-than-expected defeat in a primary election (PASO). The...

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