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Boudou speaks in front of a chart showing Argentina’s debt growth |
Argentina’s hopes of getting at least 70% of holders of $20 billion of loans to accept a debt swap hang in the balance after lower than expected demand for the first phase. Only 45% of bondholders took part in the first institutional phase, which closed last month, less than the 60% that the government expected at that stage. Separately but in another blow to the government, Thomas Griesa, a US judge, embargoed $2.43
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