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2 years ago
Argentine bonds fall after U.S. judge upholds ban on interest payments
March 12, 2015 / 7:08 PM / 2 years ago

Argentine bonds fall after U.S. judge upholds ban on interest payments

BUENOS AIRES (Reuters) - Argentine over-the-counter bonds reversed gains on Thursday after a U.S. judge upheld a ruling preventing Citigroup Inc (C.N) from processing the South American country's interest payments on some local law bonds.

Argentina's Bonar 2024 ARBONAR24D=RASL led the fall, dropping 1.3 percent by 1545 local time (1445 EDT), after rising as much as 1 percent earlier in the day.

Reporting by Walter Bianchi and Jorge Otaola; Writing by Sarah Marsh; Editing by Richard Lough and Richard Chang

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