Argentina foreign bonds rise as gov targets local debt

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Argentina foreign bonds rise as gov targets local debt

Argentina, obelisk, Buenos Aires, BA, coronavirus, lockdown, deserted, quarantine, LAtAm, 575
A general view of an empty street, in Buenos Aires, Argentina, on March 29, 2020 during the Coronavirus Emergency. (Photo by Santiago Botero/NurPhoto) | Santiago Botero/NurPhoto/PA Images

For now, at least, Argentina appears to be asking its domestic bondholders to take the brunt of the government’s efforts to ease cashflow worries amid the Covid-19 crisis, providing upward momentum to foreign law debt prices.

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