Argentina Dangles Carrot, Reportedly

Argentina Dangles Carrot, Reportedly


Talk that Argentina will make nice with creditors resurfaced Monday, fuelling expectations of a deal for holdouts. However, investors remain skeptical of a resolution in the short term. “The press reports an imminent deal with the holdouts with sufficient detail to take seriously,” says Siobhan Morden, debt strategist at RBS. “The unofficial terms are better than expected on recognition of past due interest – a major concession from Argentine authorities,” she adds. The apparent deal features a

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