Carry trade entices investors into landmark Macro peso deal

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Carry trade entices investors into landmark Macro peso deal

Argentina, peso, Argentine peso, Hipotecario
Argentine pesos from a client buying U.S. dollars are counted by a machine at an illegal exchange location in Buenos Aires, Argentina, Thursday, Dec. 17, 2015. Argentina's currency sharply devalued against the U.S. dollar on Thursday as the new administration lifted deeply unpopular limits on the buying of foreign currencies. (AP Photo/Victor R. Caivano) | Victor R. Caivano/AP/Press Association Images

The bond market’s love for Argentina reached new heights on Wednesday as Banco Macro became the first issuer to sell fixed rate peso debt in international markets since the country returned from financial market wilderness 13 months ago.

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