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Argentina Meets June Debt Rollover Goal in Local Auction

  • Argentina sold enough securities to roll over its debt coming due in the month of June in a local debt auction, easing concerns of an immediate financing shortfall.
    • The government raised about 248 billion pesos ($2 billion) in local instruments in a key debt sale Tuesday night, enough to roll over all its bonds maturing by the end of the month, the economy ministry said in an emailed statement.

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