Argentina expects to issue $2.6 billion in bonds "most likely" denominated in euros by late October or early November, Finance Minister Luis Caputo said on Wednesday. Caputo said last month Argentina would come to market with two more bond issues this year. In June, he said Argentina had $2.6 billion in bonds left to be issued in 2017 and that they could be denominated in euros, yen or Swiss francs. The country has already sold nearly $10 billion in dollar-denominated bonds so far this year, including a surprise 100-year bond in June. It also raised 400 million Swiss francs through a March bond sale.
Copyright Reuters, 2017
Comments
Comments are closed.