Argentine bonds hold up on negotiation promise

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

Cookies Settings
Emerging Markets
EM LatAm

Argentine bonds hold up on negotiation promise

Oliver West
January 11, 2016 03:45 AM
Daniel Pollack, Argentina, holdouts
Mediator Daniel Pollack leaves federal court in New York on Tuesday, July 22, 2014. On Tuesday, a federal judge in New York ordered around-the-clock negotiations aimed at averting a second debt default by Argentina in 13 years. There is a July 30 deadline for Argentina to pay some $1.5 billion owed U.S. bondholders. (AP Photo/Frank Franklin II) | Frank Franklin II/AP/Press Association Images

Reports on Friday that the Argentine government would begin negotiations with holdout bond investors on Wednesday sparked buying in the nation’s bonds as the sovereign — rated Caa1/CCC+/CCC rated and still in default — proves an unlikely beacon of stability in Latin America.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login

Topics

News contentLatAm BondsEmerging MarketsLatAmArgentina
OW
Oliver West
US Bureau Chief - Latin America Editor
Contact
Gift this article