Fitch affirms Buenos Aires

Fitch Ratings said it affirmed the B ratings on the City of Buenos Aires' long-term foreign- and local-currency issuer default ratings and on the euro medium-term note program.

The outlook is stable.

The ratings are supported by strengths in the city's credit profile, including its large and diversified economy, an adequate liquidity position and the city's sustainable debt levels and manageable debt-service repayment schedule, Fitch said.

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