Argentine local bonds tumble ahead of index removal, Templeton may face losses
A trio of Argentine peso bonds
have crashed sharply in price ahead of their scheduled removal
from a key index, underscoring the fragility of the country’s
debt and possibly dealing major holder Franklin Templeton a loss
of over half a billion dollars.
have crashed sharply in price ahead of their scheduled removal
from a key index, underscoring the fragility of the country’s
debt and possibly dealing major holder Franklin Templeton a loss
of over half a billion dollars.
Posted by Reuters
