A recent bankrupt, Argentina, successfully again borrows money from international investors. For the first time in 14 years the government in Buenos Aires has sold bonds on the market. In total borrowed 16.5 billion US dollars.
Photo: Shutterstock
According to the assumptions, the issue would have value $ 15 billion, but was increased when investors reported demand for securities worth 70 billion dollars. The bonds will be redeemed after 30 years. Their interest rate will be between 6.25 and 8 percent.
Argentina announced insolvency in late 2001. Previously, for years he was one of the largest borrowers. When bankrutowała, owed investors $ 132 billion.
No comments:
Post a Comment