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Argentine Government Will Seek to Roll Debt for ARS$8.6 Billion without Validating High Rates
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Buenos Aires, 28 September (NA) -- El Tesoro Nacional is facing a debt bid this Monday, in which $8.6 billion is due to expire, seeking to renew the maturity of instruments that expire prior to next year's presidential elections. The strategy is still in the same harmony that the Ministry of Finance has adopted in the last tenders, where it has not been offering debt bonds that have expired after the elections in which the ruling party will play…
·Buenos Aires, Argentina
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The economic team explained that they focus on the short and medium stretch of the curve, so as not to push the long part even further.
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