Macroeconomy/Finance

Bonus swap counteroffer with a present value of $0.58 and $0.6 per dollar

The groups reduce the grace period requested by the Government from three to only one year, include substantially higher returns than those offered, have a “present value” of between 58 and 60 cents on the dollar, and demand reimbursement of all expenses – a critical proposal that is far from the equation presented by the Argentine Government.

Source: Infobae

Categories: Macroeconomy/Finance