Tuesday, July 31, 2007

Argentina bonds, peso in recovery; stocks slip

(Reuters) - Both the Discount bond in pesos and Bonar VII paper rose
2.1 percent, while the Boden 2014 jumped 2.8 percent in
over-the-counter trade .




Some Argentine bonds shed as much as 20 percent last week
amid a sell-off in emerging market assets due to concerns the
U.S. subprime lending crisis would spread. Argentine bonds were
hit harder than others due to long-standing concerns about
inflation and, to a lesser extent, government spending.


Read more at Reuters.com Bonds News

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