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Govt Planning Measures To Stabilize Local Market

ARGENTINA
  • Argentina will sell liquidity notes, discount notes, inflation-linked discount notes and dollar-linked bonds in an auction until 3pm local time amid growing pressure son the local bond market.
  • Argentina is planning measures to stabilize the local market, which will be announced in the coming days, according to a senior economy ministry official.
    • The economy ministry is working with the central bank and Argentina’s securities regulator, the CNV, on measures to stabilize the local market, according to the person, who asked not to be named discussing private conversations.
  • Argentina’s local debt is “absolutely sustainable” and an anchor for the entire economy, the economy minister Martin Guzman said in an interview with local station Radio con Vos on Monday.

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