Argentina close to new IMF aid, but outlook still gloomy

16 Aug 2001

Argentine bonds soared this week on expectations that the IMF may announce as early as this weekend a new bailout package for the beleaguered country. FRBs had jumped to 75.50 by yesterday (Thursday) from 71.50 on Tuesday as speculation mounted that a new $15bn-$18bn package would result from ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial