In profile – Guillermo Nielsen

You did your first dollar bond since the default in July. What was the strategy behind that?

You did your first dollar bond since the default in July. What was the strategy behind that?

Guillermo Nielsen,
Finance secretary

We are augmenting issues that are already in the market, be they peso-denominated or dollar bonds. But they are basically Bodens, which is post-restructuring debt, issued under local legislation. One of the lessons of the restructuring is that local versus international legislation doesn’t make any significant difference, if any at all. We are in a truly globalized market.

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