Restructured foreign debt bonds from Argentina quote above their nominal value.
Last edited Sun Mar 1, 2015, 10:25 PM - Edit history (1)
Télam
Published March 1, 2015
President Cristina Fernández de Kirchner hailed the fact that restructured Argentine foreign debt bonds “quote today above their nominal value, despite the attack launched by the vulture funds against the State and the economy of our country, with the support of some domestic sectors of the Argentine political leadership”.
The President made the remark in her lengthy inaugural speech of the 133rd Congressional session. “Our country is the only one that managed to decrease its foreign debt - by 11 percent," she added. Referring to the information, President Cristina Kirchner quoted words of Joseph Cotterill, a Financial Times journalist, who Tweeted last Friday: “Argentina finally made it: Argentina's 2033 restructured bonds are trading above par."
At: http://www.telam.com.ar/english/notas/201503/4425-the-restructured-foreign-debt-bonds-quote-above-their-nominal-value.html
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When Paulie Singer finally descends to Hell, the radio in his cell will run this speech on a continuous loop. He doesn't speak a word of Spanish, true; but he'll have plenty of time to learn. And if he tries to turn it off, a Caesar's bouncer will make sure he won't (http://nypost.com/2014/11/26/paul-singer-looks-to-send-caesars-to-bankruptcy/).
