UPDATE 1-Bonar 2024s slip as Argentina tries local sale

April 21, 2015 4:31 PM

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NEW YORK, April 21 (IFR) - Argentina's Bonar 8.75% 2024s slipped close to a point Tuesday as the government announced a local sale of the bond to try to get round US restrictions on its market access.

The sale of up to US$500m - which starts today through a local auction without banks - is the sovereign's latest attempt to regain a foothold in the capital markets.

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