PIMCO only holdout on Japan bonds in Argentine CDS auction

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PIMCO only holdout on Japan bonds in Argentine CDS auction

Plaza de Mayo, Buenos Aires
Waldteufel - Fotolia

PIMCO potentially sought to limit the amount it needed to pay from its credit default swaps on Argentine bonds when it voted against including two Japanese law-restructured notes from being included in the upcoming CDS auction, according to market officials.

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