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Published on 9/7/2006 in the Prospect News Emerging Markets Daily.

New Issue: Argentina prices $500 million Bonar VIIs to yield 8.40%

By Caroline Salls

Pittsburgh, Sept. 7 - Argentina auctioned $500 million of Bonar VIIs at 927.03 to yield 8.40%.

Demand for the issue was $1.44 billion, the nation's Ministry of Economy and Production said. A total of 76 bids were accepted.

Issuer:Argentina
Issue:Bonar VII (Bono de la Nacion Argentina en dolares estadounidenses)
Maturity:2013
Coupon:7%
Price:927.03
Yield:8.40%
Auction date:Sept. 7

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