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