La Rioja trades up to leave limited provincial line-up

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La Rioja trades up to leave limited provincial line-up

Tierra del Fuego, Argentina
FILE - A file photo dated 30 November 2008 shows a cruise ship on the Beagle Channel off Tierra del Fuego near Ushuaia, Argentina. The Beagle Channel, the Straits of Magellan to the north, and the open ocean Drake Passage to the south are the three navigable passages around South America between the Pacific and Atlantic Oceans. Photo: Jan Woitas | Jan Woitas/DPA/PA Images

Argentine province La Rioja may have had to settle for a wider yield than some expected on its bond debut on Thursday, but a promising aftermarket performance provided some hope for the shrinking number of provinces yet to issue.

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