Bonds Rally on Kirchner Shock

Oct 28, 2010

Argentine bonds and CDS rallied Wednesday following the surprise death of ex-president Nestor Kirchner. Markets appear to treat the news as increasing the likelihood of regime change. Argentine USD discount bonds popped up more than 4 points, to finish at 92.5-94.5, according to traders. USD par bonds were up 2 points, to...

To continue reading please take a free trial, subscribe or login below.


Already have an account?

Subscribe

Subscribe now for unlimited access to all current and archive news, data and market analysis. 

Subscribe

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial



LatinFinance Events

Poll

Are populist governments like Venezuela & Argentina turning pragmatic?

Vote