HALISTER1: Citi Recommends Selling Argentina’s Bote due 2021 on Repricing

Citi Recommends Selling Argentina’s Bote due 2021 on Repricing

(Bloomberg) -- While country’s disinflation program is on track, “global re-pricing of fixed income is likely to also impact Argentina eventually, given how much supply was pumped into the market,” Citi analysts Dirk Willer and Kenneth Lam write in note.
  • Expects weaker ARS after tax amnesty program ends
  • Recommends taking profits on Bote bond due 2021
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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Dirk Willer (Citigroup Inc)
Kenneth Lam (Citigroup Inc)

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