Argentina expected to return to international credit markets at the end of 2011

Thursday, June 2nd 2011 - 04:38 UTC

Full article 7 comments

Barclays Capital expects the administration of President Cristina Fernandez might issue bonds on international credit markets towards the end of this year in a bid to prop up Argentina's fast-growing economy. Read full article

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Redhoyt
The Paris Club debt is 8.47 Billion according to this - http://www.bloomberg.com/news/2011-05-15/argentina-paris-club-put-outstanding-debt-at-8-47-billion-pagina-says.html

Got to get it sorted before going back into debt again but with so many have got 'burnt' the last time I wonder who'll buy the bonds ??
Jun 02nd, 2011 - 04:51 am - Link - Report abuse 0
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xbarilox
@ 1 “I wonder who'll buy the bonds ??” Chávez perhaps?
Jun 02nd, 2011 - 05:37 am - Link - Report abuse 0
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Beef
Perhaps Russia with lend the money. On the understanding that Argentina uses it to buy Russian weapons!
Jun 02nd, 2011 - 07:10 am - Link - Report abuse 0
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yul
The present Argentine Economy has prestige at the global markets to borrowing by long term ! but doesn't need any big borrowings .
Jun 02nd, 2011 - 09:21 am - Link - Report abuse 0
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briton
In every bad country, there are always a few mugs
In this case, fool’s gold comes to mind, [burnt fingers lol.]
Jun 02nd, 2011 - 05:37 pm - Link - Report abuse 0
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Fido Dido
@ 1 “I wonder who'll buy the bonds ??” Chávez perhaps?

Yes, Chavez is the largest Argentine bond holder. Remember, a bond holder can change the rules of the game, anytime.
Jun 02nd, 2011 - 07:59 pm - Link - Report abuse 0
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ed
Chaves ? Hugo Chaves ! that is fat boy ....

Hugo Chaves can easily find the finance money for anything else
e.g. he would sell Monte Sacro Ranch in Venezuela .....

Monte Sacro Ranch is still owned by Rockefellers...

I don't know Hugo Chaves knows or not of the cousin of Rockefellers
who was 33 rd . degree Mason....
Jun 02nd, 2011 - 08:30 pm - Link - Report abuse 0
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