Argentina Activated a Small Part of the Swap Line with the US Treasury, and the US Has Already Made a Profit

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2 Comments

  1. For a loan, does profit refer to interest payments made by Argentina under the assumption that they won’t default?

    In that case, the only news here is that Argentina made its first payment on an undisclosed loan amount (the line of credit is for $20B in total but this article only states that the first tranche was activated).

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