HALISTER1: EMTA Recommends That Argentina Debt Trades Without Coupons Tmrw

EMTA Recommends That Argentina Debt Trades Without Coupons Tmrw

(Bloomberg) -- EMTA recommends that Argentina defaulted bonds that have been trading with accrued coupons trade without coupons starting April 27, according to e-mailed note.
  • Trades will settle with an additional payment in respect of accrued interest
  • Withdraws Aug 8 2014 recommendation that bonds trade “flat”
  • NOTE: Earlier, Argentina Exchange Debt to Be Paid Within 15 Days After April 29
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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