- Argentina intends to continue paying bondholders on the same terms as it has been doing until now, Economy Minister Hernan Lorenzino has said.
- Lorenzino was speaking in response to a U.S. appeals court decision to confirm a judge's order that Argentina repay $1.33B of debt in full to investors who refused to accept a haircut following the country's $100B default in 2001. Argentine law forbids such a payout.
- The appeals court has refrained from implementing its verdict while the Supreme Court decides whether to take on the case, thereby averting a possible default in the near future.
- ETF: ARGT
Argentina remains defiant follow court setback over debt payment
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs