With two major deals coming down the pike in Argentina, the market might appear to be thriving regardless of current strains on the political and economic stability within the country - but that's not the case, according to analysts.

Argentina currently has the most established domestic and cross-border securitization market in all of Latin America, according to sources. One analyst has even argued that Argentina has one of the most developed securitization markets out of any emerging market. However, over the past couple of years, Argentina has encountered a recession and analysts are declaring a slowdown.

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