by bondevalue | Aug 26, 2019 | Distressed / Defaulted Bonds
In June 2017, Argentina set a benchmark in the markets with its issuance of 100-year bonds. Investors’ orders stood at $9.75 billion for a final issue size of $2.75 billion on the century bonds that paid a coupon of 7.125% against a yield of 7.917%. Hardly 2 years...