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Published on 1/25/2007 in the Prospect News Emerging Markets Daily.

New Issue: Argentina prices $500 million Bonar VIIs to yield 7.71%

New York, Jan. 25 - Argentina auctioned $500 million of Bonar VIIs at 990 to yield 7.71%.

Demand for the issue was $1.73 billion, the nation's Ministry of Economy and Production said. A total of 48 bids were accepted.

Issuer:Argentina
Issue:Bonar VII (Bono de la Nacion Argentina en dolares estadounidenses)
Maturity:2013
Coupon:7%
Price:990
Yield:7.71%
Auction date:Jan. 25

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