MercoPress. South Atlantic News Agency
Argentina will pay $5.9bn mature Boden 15 bonds on Monday, and issue new debt
Argentina on Monday will pay the $5.9 billion maturity due for its Boden 15 bonds in cash and issue new debt the following day, Economy Minister Axel Kicillof said on Friday. Argentina which is in technical default on some debt because of a legal fight with bondholders in the United States, targets raising $500 million in the auction of notes under Argentine law, Kicillof told a news conference. Read full article
Comments
Disclaimer & comment rulesKiss your ass good bye Argentina.
Oct 03rd, 2015 - 11:42 am - Link - Report abuse 0Nobody wants or can afford Bonehead bonds... except maybe those people outside of Argentina, and they are already looking at the history the country presents to bondholders... Why do they even bother ... Not worth the paper its printed on... The word Putz comes to mind when you think of Kicillof ..!
Oct 03rd, 2015 - 11:46 am - Link - Report abuse 0Yield on bonds 8% inflation 25-30%, I will let you do the maths. Is it worth it?
Oct 03rd, 2015 - 02:46 pm - Link - Report abuse 0Buy nothing. Or do you have an overwhelming urge to lose money?
Oct 03rd, 2015 - 04:12 pm - Link - Report abuse 0Revolving debt!
Oct 03rd, 2015 - 06:05 pm - Link - Report abuse 0Pity they don't use a real revolver and kill themselves.
#5 ChrisR
Oct 04th, 2015 - 09:25 am - Link - Report abuse 0Argentines won't kill themselves. They don't need to do it. They will, instead, keep moving ahead and keep building a great country.
You, meanwhile, will keep typing away petty bile-oozing comments from the dark place you dwell in.
@6
Oct 04th, 2015 - 09:34 am - Link - Report abuse 0Trouble is that Argentina has NOT got a solid base to build on, the next incumbant is going to have to deal with 20-30% inflation no matter who comes into government. The Kirchtner era is coming to an end, wait until the next person sees no money in the kitty. Unless it is more of the same party then I pity the Argentinian population as they have so many resourses but unforuneately why work when 30% of their labours is gobbled up by inflation.
@ 6 Kiki MPH
Oct 04th, 2015 - 02:03 pm - Link - Report abuse 0How many more times do I have to tell you before you understand that it is NOT the Argentine people I am referring to but the Peronista scum including TMBOA and the crooks 'running' the government.
Who on earth would object to the likes of Kickitoff, Gollum, Bog brush, et al if they were suicided as per Nisman?
25M Argentines wouldn't for a start!
@8
Oct 04th, 2015 - 04:07 pm - Link - Report abuse 0What about the rant of TMBOA at the UN about Stiuso then, no smoke without fire. He should know whats what in Argentina and she seems to be a bit too concerned, too much I think.
8% to start but they will probably have to go into double figures to sell it.
Oct 04th, 2015 - 04:55 pm - Link - Report abuse 0Willing to bet the debt being paid off is at a much lower interest rate.
New debt for old but at twice the rate.
Lovely present for the next President.
Just as a matter of interest. If argieland can afford to pay out US$5.9 billion on these bonds, why can't it pay US$1.6 billion for its fraudulent bonds from the beginning of the century? Isn't the truth that argieland is scared stiff that it would have to pay all the people it defrauded? Maybe US$90 billion. Couldn't people be paid in a certain order? Eldest first? At least it might show a move towards honesty and responsibility. Enrique Massot @6, of course, is missing a number of attributes. No honesty. No integrity. No logic. No perception. No “quality”. No responsibility. No sincerity. Just another example of a sick, stupid, selfish, sychophantic argie.
Oct 05th, 2015 - 04:28 pm - Link - Report abuse 0“They will, instead, keep moving ahead and keep building a great country.”
Oct 05th, 2015 - 06:30 pm - Link - Report abuse 0Sure, Reeeeeeeeeeeeeekie.
rotting roadkill is getting ready to reap a bitter harvest. lol
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