Argentina plans to sell up to $4bn in debt in the local market, offering up to $1.5bn in short-term treasury notes in dollars and nearly $2.5bn treasury bonds in pesos, the Finance Ministry said.
Offers will be accepted beginning Wednesday and end Thursday, the ministry said in a statement.
Argentina will sell two dollar-denominated treasury notes of up to $750m each. The maturity dates are May 26 and August 25.
The ministry said it would also sell longer-term peso-denominated treasury bonds, with a 2021 note carrying a yield of 18.2%, a 2023 note yielding 15.5% and a 2026 note yielding 15.5%.
The debt sales follow Argentina’s return to the cross-border market last month, when it sold $7bn in bonds, printing $3.25bn in 2022 notes at par to yield 5.625% and $3.75bn in 6.875% 2027 bonds.
Finance Minister Luis Caputo has said Argentina plans to issue a total of $10 billion in the international debt markets this year. He recently said the country will sell between $1.5bn and $2bn in Swiss franc bonds in possibly two or three separate issues, with the first scheduled for the first quarter.
The government is planning to issue a total of $14bn in the local bond market in 2017, according to Caputo.