Argentina Country Risk Today: 415 bps
Argentina Country Risk — Live EMBI-Style Spread
Real-time tracking of Argentina's sovereign credit spread with a direct live reading, historical chart, and per-bond breakdown.
In Spanish-language sources this measure is known as the riesgo país — the same metric is tracked on the Spanish-language page Riesgo País Argentina.
To compare this spread against ratings, macro indicators and sovereign peers, use BondTerminal's Argentina Sovereign Monitor.
What is Argentina country risk?
Country risk measures the premium Argentina pays to borrow in US dollars relative to US Treasury bonds. It is expressed in basis points (bps), where 100 bps = 1%.
Global investors also call this the sovereign credit spread or the EMBI Argentina — synonyms describing the yield premium on Argentina's USD-denominated bonds over the US Treasury curve.
How is it calculated?
BondTerminal computes the weighted spread using real-time prices of Argentine USD sovereign bonds issued under foreign (New York) law, weighted by amount outstanding.
To compare the underlying Argentine sovereign bonds side by side, open the Argentina sovereign bond comparables.
Bonds included in the calculation
Data sources
Bond prices: IOL and stored market history. US Treasury curve: Treasury.gov (primary) with FRED as fallback.
Frequently asked questions
- What is Argentina's country risk?
- Argentina's country risk (riesgo país, EMBI Argentina) is the spread of Argentine USD sovereign bonds over US Treasury bonds, expressed in basis points (bps).
- What is Argentina's country risk today?
- Argentina's country risk today is 415 basis points, updated Jul 3, 2026 with same-day bond prices. For historical context, see the daily, weekly and monthly evolution chart.
- How did Argentina's country risk close?
- The most recent reading is 415 basis points. During market hours (10:30–17:00 ART) the value updates with intraday prices; outside market hours it holds the last close.
- How does this differ from JPMorgan's EMBI+?
- JPMorgan publishes the EMBI+ Argentina with its own weighting and bond universe. BondTerminal computes a transparent version with a published methodology, weighting NY-law USD bonds by amount outstanding. The two series move in parallel but can differ in composition and publication lag.
- Why does the calculation only use NY-law bonds?
- Market convention (including JPMorgan's methodology) uses foreign-law bonds because they carry lower legal risk and more cleanly reflect pure sovereign credit risk. Argentine-law bonds trade with an additional legal premium.
- How often is it updated?
- BondTerminal recalculates the spread during Argentine market hours (10:30–17:00 ART) with intraday prices. Outside market hours it holds the last trading day's close.