Securities tied to Argentina’s economic growth should see more upside given legal developments surrounding the bonds, strategists at Morgan Stanley write.
- The so-called GDP warrants issued under UK law have “moved to price in a 2013 payment” and could trade higher with potentially more payments in the future, strategist
Simon Waever writes in a note published Tuesday- NOTE: Oct. 15,
Argentina Rejected by UK Top Court in $1.5 Billion Bond Case - NOTE: Feb. 22,
Argentina Ordered to Pay Deposit in UK Hedge Funds Case
- NOTE: Oct. 15,
- Payment from Argentina on the EUR warrants would be a positive driver for GDP securities issued ...
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