Buenos Aires heard to wait on peso bond

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Buenos Aires heard to wait on peso bond

Oliver West
May 22, 2017 07:45 am
Argentina, peso, Argentine peso, Hipotecario
Argentine pesos from a client buying U.S. dollars are counted by a machine at an illegal exchange location in Buenos Aires, Argentina, Thursday, Dec. 17, 2015. Argentina's currency sharply devalued against the U.S. dollar on Thursday as the new administration lifted deeply unpopular limits on the buying of foreign currencies. (AP Photo/Victor R. Caivano) | Victor R. Caivano/AP/Press Association Images

Market volatility has led the Province of Buenos Aires to pause ahead of a planned $500m-equivalent peso-denominated bond issue, but it will continue to monitor market conditions.

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Oliver West
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