News Center

Argentine Bonds Slide Second Day on 'Disappointing' Swap Offer
Bloomberg
April 19, 2010

By Drew Benson

April 19 (Bloomberg) -- Argentine bonds slid for a second straight day after the government's swap offer to restructure $20 billion in defaulted debt held out of a 2005 settlement came in below some investors' expectations.

The yield on Argentina's 7 percent bonds due 2015 rose three basis points, or 0.03 percentage point, to 11.38 percent at 4:28 p.m. New York time, according to Bloomberg pricing data. The bond's price fell 0.06 cent to 82.93 cents on the dollar, the lowest since April 9.

To full text of the article, visit: http://www.bloomberg.com/apps/news?pid=newsarchive&sid=amqFMpHV5Uhs

U.S. Government
Takes Action

Click here to view letters by the Administration and Members of Congress on Argentina's debt and economic policies.

The Debt and Europe

Click Here To Read More

ATFA Member Spotlight

Resolution on Argentina's Generalized System of Preferences Status (GSP)

Click here to view other ATFA member activity

Join Us
Show your support for ATFA and our work regarding debt default by joining our growing list of supporters.

Tell Your Friends
Do you have friends or colleagues who would be interested in supporting ATFA? Send them an invitation to this site by clicking here.