Argentina set to miss Wednesday payment, pushing bonds lower

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Argentina set to miss Wednesday payment, pushing bonds lower

Argentina, Microcentro, Buenos Aires, BA, LatAm, 575x375
Buenos Aires, Microcentro, financial and historic center of Buenos Aires | eskystudio - stock.adobe.com

Argentina's bonds slipped again in secondary markets after finance minister Martín Guzmán confirmed to local media that the government had no plans to pay $503m of coupon payments due on Wednesday, despite the fact the move had already been widely anticipated.

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