Argentine IFI Loan Proposal Positive, Say Analysts

Argentine IFI Loan Proposal Positive, Say Analysts

Bonds Structured Finance

Argentina's plan to borrow $10bn from the IDB and World Bank in the coming months for 2008-2011 is being viewed as a positive move by Wall Street analysts, who believe the country would be subjected to a more disciplined approach to the markets and its debt management policy. "Argentina appears to be taking stock of the change in global conditions and financing risks; and the country is looking for new sources of funding that would require maintaining a more conservative policy framework," says

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