Luis Caputo, an Argentine finance official and now top economic aide to President Javier Milei, is not selling bonds in foreign markets during his current term, after previously relying heavily on them. Bloomberg reports that in his earlier stint in senior finance roles about a decade ago, Caputo repeatedly tapped international bond markets, selling more than $40 billion in total and drawing criticism, including being labeled a “serial borrower.” According to the Buenos Aires Times, the same earlier pattern is cited: Caputo’s prior use of foreign bond sales led to the criticism that he was borrowing frequently. In contrast, the articles say that nearly three years into his second tour in the role, Caputo has not sold any bonds overseas. The sources present the shift as a notable change in policy and market approach, highlighting that Caputo’s current strategy differs from his earlier, more active engagement with foreign debt markets. Both outlets focus on his track record of bond sales abroad in the past and the lack of overseas bond sales in his present position.
Argentina’s Caputo stops selling overseas bonds after earlier foreign market binge
Luis Caputo, an Argentine finance official and now top economic aide to President Javier Milei, is not selling bonds in foreign markets during his current term, after previously relying heavily on the...
- Luis Caputo is the top economic aide to President Javier Milei.
- During an earlier stint about a decade ago, Caputo repeatedly sold foreign bonds.
- Reported total foreign bond sales in that earlier period exceed $40 billion.
- In his current term, nearly three years in, Caputo has not sold bonds overseas.
- Critics previously described him as a “serial borrower” based on his past bond-market activity.
Luis Caputo previously tapped foreign bond markets again and again, earning the moniker “serial borrower” from his critics. But nowadays, he's not selling bonds overseas. Leer más
3 hours agoIn his first stint as a top Argentine finance official a decade ago, Luis Caputo tapped foreign bond markets again and again, selling more than $40 billion in total and earning the moniker “serial borrower” from his critics. Nearly three years into his second tour, Caputo, now the top economic aide to President Javier Milei, hasn’t sold a single bond overseas.
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