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Argentina confident it can issue debt in US dollars below 9% interest rate
Mercopress
August 10, 2010

Argentine Economy Minister Amado Boudou confirmed what newspaper mbito Financiero had anticipated a week ago: the plan is to issue debt in US dollars but below the 9% mark, which with the current panorama may allow for an even lower percentage index.

"Today in Argentina we are looking at a new situation: the government does not have to go crazy in search of financing and, although we are evaluating alternatives, there is no fiscal rush. If we issue bonds, we want to achieve lower rates" said Boudou talking with the press in Buenos Aires.

To view full text of the article, visit: http://en.mercopress.com/2010/08/10/argentina-confident-it-can-issue-debt-in-us-dollars-below-9-interest-rate

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