Story perspectives

Fitch Boosts Argentina Rating to B-, Bonds Rise

5/7/2026

Summary

Fitch Upgrades Argentina

Fitch Ratings upgraded Argentina's sovereign credit rating to B-, the highest since 2019.
The benchmark 2035 dollar bond rose 1.4 cents to 75.9 cents, lowering its yield to 9.66%.
Fitch cited a stronger external position, net energy-exporter status, better fiscal balances and central-bank dollar purchases.
Deputy Economy Minister José Luis Daza said the rating boost widens eligible investors while Economy Minister Luis Caputo ruled out market issuance despite 2027 maturities.

Summary

Fitch Warns

Fitch warned that Argentina’s international liquidity remains weak, projecting foreign-currency debt service of $8.8 billion in 2026 and $9.8 billion in 2027.
Inflation fell to 1.5 % month-over-month in May 2025 after reaching 3.4 % in March.
Argentina posted a record first-quarter trade surplus of $5.5 billion, up from $1.1 billion a year earlier.
Fitch projects GDP growth of 3.2 % in 2026 after an estimated 4.4 % expansion in 2025.

1 of 2

Fitch Upgrades Argentina

Fitch Ratings upgraded Argentina's sovereign credit rating to B-, the highest since 2019.
The benchmark 2035 dollar bond rose 1.4 cents to 75.9 cents, lowering its yield to 9.66%.
Fitch cited a stronger external position, net energy-exporter status, better fiscal balances and central-bank dollar purchases.
Deputy Economy Minister José Luis Daza said the rating boost widens eligible investors while Economy Minister Luis Caputo ruled out market issuance despite 2027 maturities.

1 / 2