Published on 4/12/2007 in the Prospect News Emerging Markets Daily.
New Issue: Argentina prices $750 million Bonar Xs to yield 8.46%
By Caroline Salls
Pittsburgh, April 12 - Argentina auctioned $750 million of Bonar Xs due 2017 at 903 to yield 8.46%.
Demand for the issue was $1.508 billion, the nation's Ministry of Economy and Production said. A total of 79 bids were accepted.
Issuer: | Argentina
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Issue: | Bonar X (Bono de la Nacion Argentina en dolares estadounidenses)
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Amount: | $750 million
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Maturity: | 2017
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Coupon: | 7%
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Price: | 903
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Yield: | 8.46%
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Auction date: | April 12
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