Scepticism greets Argentina workaround proposal

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Scepticism greets Argentina workaround proposal

Oliver West
August 21, 2014 07:30 AM
Argentina
Argentine President Cristina Fernandez delivers a speech during the presentation of seven units for the Sarmiento Railway, at Villa Luro station, in Buenos Aires, capital of Argentina, on July 21, 2014. (Xinhua/Gustavo Amarelle/TELAM) XINHUA /LANDOV | TELAM/LANDOV/Press Association Images

Fixed income analysts showed little enthusiasm on Wednesday for Argentine president Cristina Kirchner’s plans to offer foreign law bondholders the chance to switch into local law notes and thus receive the payments blocked by US courts.

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Oliver West
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