Country risk: Argentina tops the ranking among 15 Latin American nations

Country risk is an index prepared by the US bank JP Morgan. It compares the yields of each country's long-term bonds with respect to those of the U.S. Treasury, considered the least risky in the world.

RIO DE JANEIRO, BRAZIL - What do we mean when we talk about high country risk? Yesterday, the index prepared for Argentina by JP Morgan and watched by international investors reached a new maximum since the debt restructuring - 1,816 basis points. That left the country in the "cursed podium" of Latin American nations.

Except for Venezuela (which currently has a country risk above 30,000 basis points), Argentina is the Latin American country with the numbers much worse than El Salvador, with about 1,200, and Ecuador, with about 800.

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