Argentina: a new dawn

Nov 14, 2025

Graham Stock, Senior EMD Sovereign Strategist, discusses the strong electoral showing for President Javier Milei in Argentina’s recent mid-terms, four notable aspects of the results, and the investment implications.

Key takeaways

  • Argentina has weathered a volatile and ground-breaking mid-term election season, culminating in a strong showing for President Javier Milei’s Liberty Advances (LLA) party on 26th October.
  • The election will be remembered as a major victory for Milei’s political movement and a key milestone on the challenging path to debt sustainability in Argentina.
  • We retain a constructive view on Argentina’s hard currency sovereign bonds and are encouraged by signs that improved governability will translate into further consolidation of the Milei administration’s agenda for fiscal adjustment and economic liberalisation.

Read the full article here