Core Viewpoint - The Argentine government aims to gradually reduce its dependence on Wall Street, as stated by Economy Minister Luis Caputo, amidst a backdrop of significant debt obligations and efforts to stabilize its financial situation [1]. Debt Management - Argentina has a debt of $4.3 billion maturing in January next year, but the government will not issue dollar-denominated bonds under foreign law to address this [1]. - The government has raised approximately $2.5 billion through market repurchases and the sale of oil and gas [1]. Bond Issuance - On December 10, Argentina issued dollar bonds with a coupon rate of 6.5% and a maturity date in November 2029, marking the country's return to the international debt market for the first time since 2018 [1]. Economic Context - Argentina has one of the highest public debt-to-GDP ratios in Latin America and is the largest debtor to the International Monetary Fund [1]. - As of the end of the second quarter this year, Argentina's total external debt reached a record $305.04 billion [1].