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Argentine province eyes $500 million debt issue
Reuters
June 30, 2010

Argentina's largest province, Buenos Aires, could tap international markets as early as mid-July to sell $500 million in a 10-year bond, provincial Economy Minister Alejandro Arlia told Reuters on Tuesday.

Arlia said he expects the country's debt yields to fall in the next few weeks after the national government secured 67 percent acceptance on its $18.3 billion swap of defaulted debt, which concluded on June 22.

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