Europe backs Macri as Argentina goes long in euros

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Europe backs Macri as Argentina goes long in euros

Argentina, Mauricio Macri
Argentina's President Mauricio Macri gives a statement at the government house in Buenos Aires, Argentina, Thursday, April 7, 2016. An Argentine prosecutor on Thursday asked for an investigation into President Mauricio Macri's role in offshore companies, adding to the global fallout from a massive leak of documents from a Panama law firm. (AP Photo/Natacha Pisarenko) | Natacha Pisarenko/AP/Press Association Images

Argentina this week jumped on momentum driven by the government’s impressive recent election performance to attract €11.5bn of orders for a triple tranche euro denominated bond — including a 30 year note that is rarely seen in the currency from EM borrowers. Oliver West reports.

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