Argentina to auction Thursday 10-yr dollar bonds-source

Tue May 8, 2007 8:49pm EDT
 
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BUENOS AIRES, May 8 (Reuters) - Argentina will auction on Thursday a second tranche of 10-year dollar-denominated bonds, a source at the Economy Ministry told Reuters late on Tuesday, without specifying the amount to be sold.

The government last month sold $750 million in the bonds, known as Bonar X, at an 8.46 percent yield. The bonds carry a 7 percent annual coupon, and the government has said it could issue up to $2.5 billion of the paper.

 

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